American Economy will get worse before it gets better.

The followings are worth your attention:
1. The crude oil will go up possibly to $200.00/B.
2. The rising gas price would mean the consumer will spend less and tight
    up their belt.
3. The inflation is unavoidable because of gas price.
4. The housing market has forced the foreclosure at present rate 20,000
    cases a month due mainly to the crash of sub-prime mortgages.
5. Every country the world over are the same depending on the locomotive of
    housing sales. Some predicates the worsening housing market are good for
    buyers market for at least 3~4 years. The locomotive is short of power
    to drag the train so as to the rest of other economical index.
6. America has spent almost 5 trillions for the last 5 years on war and there is
    no light to see on the other end of tunnel yet
Those are the crucial facts for the future consideration of world economy.

房屋庫存過高，但是科技產業還沒有這個現象．

新產品繼續推陳出新，人們還是想購買．

所以供給面並沒有2000年前後的過剩，

只是需求面突然減少，只要流動性夠多，需求會出來的．

貨幣政策通常是有效的，除非我們掉入流動性陷阱．I think we are not there yet.