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Updated almost 16 years ago on . Most recent reply

User Stats

566
Posts
355
Votes
Ralph S.
  • Real Estate Investor
  • Sacramento, CA
355
Votes |
566
Posts

Call the Bottom!

Ralph S.
  • Real Estate Investor
  • Sacramento, CA
Posted

When do you think the bottom will happen? While nobody can accurately predict either top or bottom (it took the Govt a year to declare a recession), everyone still has to plan for the future and you know what they say about opinions.

Third quarter, 2010. We won't know until Q2 2011.

One party rule, and the Dems approach of tax & spend, we haven't even begun to see the the consequences of the devaluation of the dollar and high unemployment and inflation that took place during the 70's. Uncontrolled pork barrel spending on top of massive bailouts and a socialist move to entitlements. We're robbing Peter to pay Paul, and before we bottom out, we'll be suffering the consequences of robbing Paul.

So, your opinion? Everybody's got one.

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