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Good thoughts in this thread guys!
I'd say I'm on the side of Stewie when it comes to economic outlook. I am not teh smart, but I think that the economy hasn't been allowed to correct itself with the fed trying to prop it up. I'm all for the fed doing small things to take the edge off the bottom, but I believe they have been trying to reverse corrections, and that they have also reached the extent of their pull on the economy until a correction occurs. IIRC it is called stagflation, but I don't have time to look it up. Some other folks I read have been suggesting similar corrections, but their analysis is based on cyclical stuff that I don't understand well. JMHO
Keep up the good discussion!
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