US Economy Will Boom in 2010

The troops would be coming back possibly during mid-end of 2009.

What that actually means is that their GDP would go strongly by more than 10 percent in the following years.

Want to know the reasons (timeline) ?
Bush's Term Ends

Barack Obama takes over
This is followed by a positive sentiment of the US Economy and causes market to go up possibly by 10-30 percent (as of 2006-2007 corrected stock levels)
United States Military Expenditure cuts by more than 600 Billion Dollars by calling troops from both Iraq and Afghanistan.
US Dependency on oil reduces significantly.

Though you might conflict with my argument but United States expects a mere 2-3 percent GDP growth this year like other years. If they are saving a lot on mainly the Army it can easily turn things around.

What other economies can expect.
US has run into so-called crisis at the moment, and that means now people would be using all their skills which will make the competition so strong among US Companies that other companies would have to move to United States in order to have the same benefits. US would end up being a super hub of what its now.

 

The Military-Industrial complex is one of the largest employers in the US. If there is a severe cut in funding illegal wars, then I expect to see a lot of armament factories close, and reduced expenditure on making new, deadly, dastardly weapons. And so many troops won't be needed either...

So, I expect it to add to the unemployment.

Further more, by 2010, the US dollar would crash due to the hyper-inflation induced by Federal Reserve. Dollars would not be worth as much as they are now on the markets... most probably would become worthless...

So, you must get out of your dollar holdings now, while you still can...

 

US Economy will collapse in 2009, recover slightly in 2010, and collapse yet again in 2011-2012

Very shortly, we'll be headed to the international financial markets in the hope of finding someone willing to buy $500-$700B in USD-based debt.

At the same time, China is trying to turn $700B in USD into domestic stimulus (infrastructure) and gold. Iran is buying gold, Syria is buying gold, Saudi Arabia is buying gold....

That's a lot of dollars hitting the market at the same time, it won't really matter that the total supply of dollars is falling (monetary deflation) because they're unlikely to clear the market without a steep discount in value first.

Decreased demand + decreased supply = Bad news

 

The US economy will boom as all this stimulus makes its way into banks and then into the reserve holdings of the banks. It will be interesting to see what kind of credit boom all of these actions create, each dollar given to banks can be multiplied many times over in reserve ratios. A credit boom is just beginning.

 

The world will recover from the financial crisis somewhere in 2010. But it's the catch to survive until then.

 

Very true... You can see whats coming. People will not by US treasury bonds. The yield on them is currently 0.01% per month!

Source: http://www.ustreas.gov/offices/domestic-finance/debt-management/interest-rate/yield.html

This is going to be huge. Scary...

 

The pendulum swings left, it swings right. Good times, bad, etc, etc...

Money was never based on anything but a concept. Even gold is just a mineral. Besides I am seeing increased sales now that gas is under $2 again. People will slowly get "bored" with the recession and start spending frivolously again.

 

Who said that US troops would be coming back possibly during mid-end of 2009?

I've heard that Obama will redirect troops from Iraq to Afghanistan.

 

Most of the replies are from people not from United States and/or ex-Soviets.

 

Well duh they want to bring the US down after all remember who is better than them

I see a boom in 2010 and then a crash and then a boom it's a cycle.

BTW if someone was smart they'd use something more precious than gold like another mineral thats worth a lot more than gold is or combine the two.

 

I have heard that silver is the better investment among precious medals because it is becoming more practical by the day. It is used in circuitry, micro chips, etc. Gold is pretty much a trinket to get laid by.

 

Its because Bush's out Bring him back, and everyone will start believing again. I am the only ex-Soviet one, where did you see "most" ?

 

actually it depends on their policy !

 

I think that the US will have a double dip recession. There are predications that the current quarter may go to -5% and the whole of 2009 will have negative GDP.