So bubbles started to deflate?

Discussion in 'Economics' started by kashirin, Aug 20, 2007.

  1. Oil is down 10%
    Metals down 10-50%

    I think it's good for consumer.
    If Fed can stand this pressure and don't cut things may stabilize. $ will cost again more than euro and oil will be $25

    Mortages will be provided with 25% down
    People will start saving.

    And the most pleasant there will be no Goldman Sachs, Bear sterns and other vampires

    And Cramer will be a pizza-driver
  2. This post definitely belongs in the economics section.
  3. Hopefully cramer will go
  4. [​IMG]
  5. This may be the eve of destruction.