Tuesday, July 27, 2010

Forecast for economy

OK my dismal economic forecast make the debunkers angry. I remember telling people the europe economy was in worse shape than the american. Skeptics scoffed, but not they see. Well, expect in europe more austerity measures. Sadly, on the US side we continue to spend money. Hey listen up. What this means is that you will see a new rise in consumer prices. The reason is our gov continues to do a massive printing of little green pieces of paper. Inflation is tame for now. However, we cannot run multi trillion dollar deficits year after year. The result of this monetary easing on our economy will lead to inflation and soon.

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