Im banking on a USD currency devaluation, was reading last night US FED stimulous is $12 trillion and counting and Obama hasnt even got his hands on the printing press yet. Add that to the already$10 trillion dollar defecit and there has to be a problem in 2009 imo. How are they even going to service the interest with rising unemployment and industries needing restructing to compete..
Definite delation environment at the moment with demand falling and unemployment rising......41 US states in trouble with finances so I expect leaders to try and fix the holes in their budgets by lifting local taxes and charges, (pity their citizens have no equity in their homes and are losing thier jobs),,,,saw the first sign of inflation in the US yesterday, albeit at the low end, metred parking 20cents to $1 per hour...
Anybody also got the feeling that ncm is a target....low gearing, solid cashflow, rising profit, dominant world player, solid outlook for product and cheap given the exchange rate?
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