The economy --- ?

Some say it is a recession (although that was denied for a long time) some say we are in or going into a depression ( some deny that completely)

Some think the bail outs will work and Fox and others linked the stock market drop to Congress voting down the bail out package ( is that short sighted on their part of informative ?)

Others say the bailouts (1,500 billion plus printed in 6 months ) is the road to hyperinflation etc etc

********** what are your predictions for the economy of 2009 ?*****

International affairs ---

Israel has launched an offensive against Gaza some say a ground offensive is coming others refuse to speculate -

This offensive has panicked Iran -- Some are calling for an attack on Iran (Bolton and others ) -- Some warn that attacking Iran will involve Russia possibly China and might be the unifying force of the Arab world against the US and the west in general

Others point out that in the past thousand years nothing has managed to unite the Arab world to any degree of effectiveness and insist Russia will bark but in the end stand down -- they also insist that China needs the US far too much to do anything of significance -

However bombing Iran will halt or significantly reduce oil to the Chinese and may grind their economy to a complete halt --- Some who agree believe that this will be used as leverage against China in response to Chinese US dollar and debt holdings -- Control the economy of China via oil and they won't be able to play games with the US dollar/debt

*******Will Iran be attacked -- and if it is what if any will be the response ?


Pakistan and India ?

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Still others insist martial law is coming soon -

Predictions of civil war/unrest in the USA are coming from Russia (Russian professor predicts US to break into 5 parts ) the US army college and have even been covered by Fox and CNN etc etc

--------- Any opinions ?
Bruce J

What could you possibly cost 5 peso's and a coke for the day ?
Bruce J

What could you possibly cost 5 peso's and a coke for the day ?