Thursday, March 12, 2009
We may be nearing the bottom
It's all over the economic blogs this morning Retail sales are stabilizing, we may be nearing the bottom of the start of the depression, at least as far as deflation is concerned. Time to take your money out of whatever investments it's in and invest in REAL stock- tangible durables. The prices you're going to see in the next couple of months on tangible durables will NOT be repeated in your adult lifetime- if you're under 10 years old you might stand a chance of seeing these prices, adjusted for inflation, again, depending on how bad Obama screws up. If he does as well as FDR did, though, with his New Deal, you won't see these prices again until at least 2079; so now's the time to buy, buy, buy.