what is next

Discussion in 'Economics' started by morganist, Feb 23, 2009.

  1. i keep seeing posts about what is the next market to go.

    what i think will happen is this.

    with the interest rate being so low the credit investment will worsen this cause more businesses to shut down and higher unemployment. this will in turn make large amounts of saving collapse due to the credit and equity investment defaults as a result of this.

    therefore businesses will fail. first it will be phone shops and computer shops, then it will clothing shops and then it will be whatever is left. after this there will large amounts of unemployment and the equity and credit investments will default then pensioners will lose pensions and savers will lose their savings.

    then watch mad max two and you get the picture.