Reply #2: I think its safe to say [View All]

[marketcrazy1]

we are in a deflationary collapse, the price of oil has gone down as well as stock prices ( equities ) commodities other than oil have fallen well off their highs, ( with the exception of gold ) housing prices have fallen dramatically and continue to decline, auto prices are falling ( whole sale ) and retail. commercial and consumer credit is declining, people (consumers) are not spending but saving (trying to), the cost of rental housing is falling ( at least where i live ) and the price of clothing and electronics is falling.... so far the only thing NOT falling is the price of food!.. what we have seen in this area is a stealth increase in prices masked by smaller ( by weight ) packaged food selling for the same price! I see that EVERYWHERE! since deflation has a tendency to feed on itself things could ( and probably will ) get pretty nasty before they start getting better!!! 2009 is going to suck!!