Is the economic collapse over in Los Gatos California Jack D Deal Videos

maybe the depression is simply going away on a Saturday in Los Gatos California USA Jack D. Deal Internet Ads jddeal@jddeal.com

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[idahoman325]

thats funny I lived in Los Gatos from 16 through 28 ,,, and when we got there it was a cool mountain town and 20 minutes from santa cruz to surf. when I left every one was a mutil millionaire and crap houses were worth 2 million. Its funny money to most there , saratoga is the older money either way all our money isnt backed by gold so its a nonissue where your from when the fed which just monetized the debt hits the fan it will crush most. No need for extremes our fed is doing it already LOL

[jackddeal]

thanks for the note and interesting comments...to paraphase the old saw, 'we are our own worst enemy.' And talk about stress, wow! I spend a lot of time in Los Gatos and Saratoga and for those on the edge it's coronary time....as for the Fed, Bernanke said the recession is over so we can all breathe a big sigh of relief, no? LOL...

[heroineworshipper]

Our government has enough borrowing power to sustain the new government funded credit system until 2012.

[jackddeal]

very true, yet we hear daily of how the recession has bottomed out without jobs, profits actual growth...another bubble bust this winter? could be...thanks for the note...enjoy your comments...

[jackddeal]

it's going to go where it's going to go...the only difference is whether it will be a soft or hard landing...interestingly, now that we see governments at the local, state and federal levels are dysfunctional I've heard more arguing for the hard landing...get it over, let those like GM that go bust go bust and get on with business...tough pill but probably better than this foolish ballet we are attempting...thanks for the note!

[ripperduck]

I think U may be too optimistic. 18 months is too long, I can't see this surviving the fall/winter of this year. End of 09 and millions will no longer have any unemployment benefits at all. This is going to be a VERY hard winter...

[PatriotsRepublic]

You're right, our government is far more corrupt and arrogant... we're going to see serious problems unfold (read all hell breaking loose) in the next 36 months.... and god help anyone living in or near a big city.

[jackddeal]

enjoy your comments! Argentina was and is very different from the U.S...the culture and mindset is very different, even from Mexico. My chrystal ball can't see too clearly...ha...but somehow it's hard to see triple digit inflation...and if you are right, life as we know it is over....my take is not so extreme, I think it might go to 30 or 40 % but not 100%...thanks again for the comments...

[PatriotsRepublic]

If the Weimar Republic is too far back, lets reference Argentina's hyperinflation in the 1980s was 5,000% and Zimbabwe reached 1,730% in 2006. It can and will happen to the US, and while we may not reach quadrupal digit hyper inflation, we will reach low to mid triple digit hyperinflation by 2012.

[jackddeal]

thanks for the comments! some know, but most feel they are in some sense isolated, secure and not that vulnerable. You may be right in that they should be more concerned but 'what me worry?' I think it will go beyond 20% but not 500%. At 500% modern economics will be history; the circumstances are diff. than the Weimar part of what we are seeing is a shift in macro and hence micro business models, so it's not all meltdown but change/evolution. the Stimulus is a joke.