The Mudcat Café TM
Thread #102499   Message #2144748
Posted By: Ron Davies
09-Sep-07 - 03:12 PM
Thread Name: BS: Crash of U.S. Economy
Subject: RE: BS: Crash of U.S. Economy
Rig--


There are certainly problems which don't appear close to solution. I've just read a prediction that the bad employment report Friday just about clinches a recession late this year or early next year. I'd definitely agree the market is overvalued--full of hot air.

But "a crash is the only way I can see that we can get things back on track" ? Do you think the 1929 crash did that? Maybe you'd like to define "crash".