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Oil is up, stock is down!But we have NO recession! But we have no recession. Depression is such a terrible word that it isn't used anymore. (1930-1943 approximately). We may escape the terrible word, I don't know, but to do so I think will cause very bad inflation and the devaluing of the US dollar badly. Which means oil and everything we import will increase badly. We will need a great big military (men and women) because we won't sit still for any of that very long. We also now know we can't just bomb them, we have to have enough boots to occupy them properly. Twenty years out of twenty eight of "conservatives" has been more than we can swallow. Looks to me as if Obama will not be able to spend what is necessary for a health program, put everyone to work, educate all of the G.I.s, etc. What recession? sageadvice's blog | login to post comments |