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Pastimes : All Clowns Must Be Destroyed

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To: fut_trade who wrote (14306)3/3/2000 9:14:00 AM
From: pater tenebrarum  Read Replies (2) of 42523
 
Peter, an increase in securities fraud is typical for late stage investment manias.
as for M3, i am shocked that the Fed simply continues to feed the beast without missing a beat...however, it is not unexpected.
my remark yesterday concerning various indicators becoming useless in the current climate still stands.
the clowns win, and will continue to win...until one day the whole edifice of debt and asset bubbles simply collapses of its own accord upon reaching its natural expansion limits - i.e. exhaustion.
until then, the clowns have Greenspan and co. firmly in their camp, and the bubble will keep on expanding.
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