Economics Thread

Hoping someone could contribute as to whether or not people think that the recent economy status is actually getting better or is it a false alarm.?
I guess it depends on how you define "better". If you define it as a short-run trending improvement of unemployment, GDP, and foreclosure rates then yes I would suggest the "stimulus" is working to push the needle in the right direction or at least slow the bleeding.

However in the long-run there will be lasting impacts of increased debt, inflation, and devaluation of the $. I would stress that these factors, which may seem marginal to most, will limit long-term growth. It will limit our government's ability to manage inflation and reduce flexibility in large issuances of debt.

My take is that all of my retirement $ are going into foreign based funds. I like small cap euro/asia/south american funds and any exposure to non-USD assets is a good thing.

 
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jamesw

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