Typical Television Economic Analyst
My impression of a typical television economic analyst on the future of America's economy:
"I think 2009 is going to be one of those years where our economy deteriorates. I think we are looking at 9 to 19% unemployment. Along with that will come starvation which will lead to a shift to cannabalism in America. In fact, I think a few states in the 2010 election will have proposals to legalize cannabalism just to ensure Americans have something....or someone...to eat when they go hungry.
Furthermore, in 2010 I fully expect that the actions of this coming President Barack Obama will be futile to fix this economy. It is obvious that America's businesses will collapse, the Federal Government will lose its AAA moody's credit rating and have to foreclose the entire treasury department.
If I was an investor I would definitely short the entire Stock Market along with the entire Bond Market and Treasury Bill market. Heck, I'd bet the only way to get rich is to rob banks and that will only last for a few short weeks as each bank will have all of their money dry up due to uncontrollable debt as the housing market never bottoms until prices hit ZERO....and even then.... the homes will all be in a such a bad shape no one will buy them for ZERO.
So...Maybe the bulldozing companys that demolish all of the homes no one could sell for FREE is what I would invest money in the markets today. Probably also Handgun makers like Smith and Wessen are a Buy cause people will need guns to defend themselves when our culture deteriorates into Nomadic, Tribalism. Every man, woman, and child for their selves. It's going to look a lot like BETHESDA SOFTWORKS's Video Game Fallout 3 in a quick fashion by the end of 2010.
The only survivor will be a guy named 3 DOG running a radio station, holed up somewhere where the Super Mutants can't get him."