Market Folly - Latest Comments in Top 10 Worst Recessions

Re: Top 10 Worst Recessions

marketfolly — Sun, 28 Dec 2008 20:43:58 -0000

good assessment andy. plus, markets are forward looking and will lead the recession by 6 months or so anyways, so i think by the end of '09, early '10 we could see some solid improvement

Re: Top 10 Worst Recessions

Andy — Sun, 28 Dec 2008 18:24:23 -0000

My view on the current recession is that it will not be as bad as the Great depression and that we are more than half way through it. Just a few months ago people were talking about high oil prices, inflation and over valued stock markets. Suddenly, relatively speaking, all these issues have been turned on their head with oil prices crashing, deflation rather than inflation a concern now and stock markets that have fallen off a cliff. The interconnectedness of the global economy magnified the severity and speed of the economic downturn, but the same forces will also work in reverse to bring back economic growth just as fast.

Re: Top 10 Worst Recessions

kaighn — Tue, 23 Dec 2008 09:20:51 -0000

A great deal has certainly happened in just a year. I definitely hope 2009 is MUCH LESS HECTIC. Take a moment to read my blog and comment there. It would be appreciated.

Re: Top 10 Worst Recessions

marketfolly — Fri, 19 Dec 2008 12:17:39 -0000

very interesting times indeed. to think, a lot has happened in just a year. wonder if '09 will be just as hectic... hopefully not.

Re: Top 10 Worst Recessions

Tom Chechatka — Sat, 13 Dec 2008 22:29:16 -0000

Probably the better comparison is Weimar Germany 1923. The stage appears set for both a hyperinflationary blowout and a bankers' dictatorship once the mop-up operation goes down. The degree to which Congress is allowing the Treasury to move in the direction of insolvency should be a major concern. Someone explain how Treasury debt will not be downgraded from AAA eventually. This is very dangerous.