Worse than the 70's?..............from Rico

Oh yeah, it WILL be worse than the 70's!

Right now, the problem is deflation. It may remain the problem for years. Whenever it stops, the NEXT problem will be inflation...and it WILL be worse than the 1970's.

Jim Rogers [a really smart fella, smart enough to once be Soros's business partner and even smarter to be his ex-business partner] opines that given the Fed's extremely "easy" policies, runaway Gov't spending, looming shortages of commodities, etc...there will be some serious future inflation. We will be paying more for everything in the future (and paying with dollars that are worth less).

Way cool. Just like Obama won "Firearms Salesman of the Year" so will he 'win' the economic "Darwin Award" for the "Change" he was able to wreak upon both the US and the Global economy.

I remember stagflation, disco, the 'misery index'...and even worse, Jimmy Carter. Our "Dear Reader" Obama has them ALL beat for being worthless, dismal, and abjectly depressing.