GOLD 0.51% $1,391.7 gold futures

are we headed for a depression, page-3

  1. 4,005 Posts.
    It;s going to be like japan -- the economy will be moving at a very very very slow rate...but money will be very very tight..don't think unemployment will exceed 15% and don't think interest rates will exceed 10%..in fact we may see a japan style zero interest rate policy....no different to when the japanese banks collapsed.... japan is socially moving along nicely they're just much more conservative and cautious.
 
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