Wednesday, May 28, 2008

US Economic Outlook 2008-11+

All is not what it seems, and our US economic troubles are far from over!

Note: If it's hard to see/read the briefing below, please click on this link and view the updated briefing in full-screen





Best regards

Randy

13 comments:

Anonymous said...

AWESOME AWESOME AWESOME job Randy!!! Your dedication to this blog and the "facts" of what exactly is and always has been transpiring is much appreciated. THANK YOU! I've been reading your blog for about 6 months now and just wanted you to know how much I appreciate it. I downloaded your presentation and emailed it to most everyone in my address book. Keep up the good work!

In IL,

Justin

Randy said...

Thanks Jason,

I'm really glad you enjoyed it.

Comment like yours make it all worth while.

BTW: If you haven't already done so, I recommend you check out this article: Final US Economic End Game
-- some of the same info, but it looks out a bit further in time.

Again, I really appreciate you taking the time to post up your comment. It's always great to hear positive feedback -- Lets one know if they are on track or not.

Randy

Anonymous said...

Man,

Randy I'm so tired of being called Jason. It's JUSTIN!!! LMAO

in IL,

"JUSTIN"

p.s. I do a lot of research on economic and geo-political information. Your blog is at the top of my daily "to check" list. Thanks a million!

Randy said...

JUSTIN,

My Bad... Guess my eyes and brain weren't communicating properly. As you can tell, I can't multifunction well, so I spit out my gum for this reply.

I'm Embarrassed...

Again thanks for your readership and I'm proud/delighted to be at the top of your "to check" list.

Justin in IL, hope you have a great evening!

Randy

Anonymous said...

Like, dude... this be best darn breif I ever did hear with my eyes... You rock, just like that gnarly dude Jason in IL

Anonymous said...

Randy,

Just got your blog emailed to me and it was just amazing! Wow, to think the government realy wants to put a transponder in my nads for closer monitoring. Have you ever met Harry Reed?

Anonymous said...

LOL, bunch of comedians on here tonight!

Randy said...

Anon 9:53,

Are you talking about that sharp as a bowling ball
Senate Majority Leader Harry Reid who says we have a Voluntary Income Tax System

Yes, I like him almost as much as Sponge Bob Square Pants, and they both live in fantasyland... Searchlight Harry--What an idiot!

By the way, I really wouldn't worry about that transponder thing too much. In your case, it'll be a really small one :>)

Randy

Anonymous said...

Nice work.
One thing in your 'what to do' I'd say differently. No reason to pay off your debt now if you predict the dollar will deflate. Your debt (as will the deficit) deflates with the dollar.
Ian in CA

Randy said...

Very good point Ian and I do concur -- "if" wages were to increase commensurately with inflation (dollar devaluation), but wages won't.

Stated differently: during the inflationary ramp up, people will earn the same # of dollars (maybe far less if unemployed in the future)... same # of dollars that will actually buy them less than today, yet if they still have debt to service, this debt erodes their future purchasing power even more (e.g. less $'s to spend on gas, food, etc).

Bottom Line: The existing or new debt becomes an additional burdon to future purchasing power... A double whammy from inflation and debt service.

With that said. If wages did increase commensurately, or if the individual had quite a bit inflation hedge investments, you would be "spot on"

Very good point!

Thanks for posting
Randy

Quinten said...
This comment has been removed by a blog administrator.
Roy said...
This comment has been removed by a blog administrator.
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