Re: subject



Goodstich, IMO the US will come out of recession/slump next year and after a new President is elected assuming it’s Obama, I think there will be a new optimism there, I also think the dollar will continue to strengthen later, but it’s just my opinion – ‘or is it?’

I think too that sterling will weaken first and the UK will lag the US for a year or so coming out of it’s woes, sterling has been hit recently, then I think next year the Euro will be punted down against the dollar and sterling, troble is it’s not an exact science, nobody really knows.

Several leading economists are talking in similar language.

The point of the post was to sure that the UK Gov’t is just as guilty of massaging figures as Spain’s Gov’t, a lot of bad news is still to filter through.