Single Post Display - MarketTicker Forums


	Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2011 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available

MarketTicker Forums Single Post Display (Show in context)

User: Not logged on

User Info	11 Reasons to Buy Now; entered at 2007-12-02 11:51:46
Gigi Posts: 563 Registered: 2007-08-26	Fundamental issue: What will drive the economy now that the consumer spending spree on borrowed money is over? Until the above is answered, there can be no bottom. - Circa 1990 recession gave way to the capital investing for building the internet. - Circa 2001 recession gave in to the borrow and spend housing boom - Circa 2008: anyone see anyting out there that will spend? Our problem is compounded by the MASSIVE job losses to Chindia making a recovery that much difficult. Our workers are competing with cheap labor from 3rd world countries which makes increases in real wages impossible. Meanwhile the stupidy of borrow and spend economics has bankrupted the middle class. But the stock market has bottomed after a 10% correction? Duh... 2007-12-02 11:51:46