Doom for the Dollar -- And Everything Else

[Jeff in Cincinnati]

"The stock market is up and economic growth has been steady, if unspectacular. But, an increasing number of economists are seeing serious storms build on the horizon. They point to ever-growing federal budget deficits, a record current-account deficit, increased consumer debt, a real estate market that looks like a bubble ready to burst, a surge in personal bankruptcies and the prospect of inflation.

Meanwhile, interest rates are on the rise, and if they increase much more, many of these problems could get dramatically worse."

Link to Article

Meanwhile on MSNBC, their economic experts (who also happen to be brokers with current clients) are urging people to buy-buy-buy because the time has never been better to be in the market! That's probably just a tiny iceberg and, besides, this ship can't possibly sink!

[Oversea Visitor]

1. Yeah

the property market good buy buy but sell sell your paper stock.
If dollar devalue you are cushion if stock market crash you escape.

Although it likely if market crash the property market will go down but the effects that US is a reserve currency will see many investor converting their dollars into property. Basically you might see an influx of foreign investor in this area.