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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Ilaine who wrote (97606)4/24/2001 2:54:23 PM
From: Dr. Jeff  Read Replies (3) of 436258
 
<<<I expect that Mr. Gumpspan’s moves will unleash greater inflationary pressures on
the domestic economy, but that’s unlikely to be a major concern until sometime next
year. In any case, he’s unlikely to repeat the same mistakes again, so the chance of
another bubble forming under his watch is slim.>>>

I absolutely MUST take immediate issue with the above statment that "another bubble forming is unlikely"

I say this because - WE ARE STILL IN A FU*KING BUBBLE RIGHT NOW!!!!!
Apparently no one sees that or cares to acknowledge it. They'd rather deny it and support it with constant "liquidity" injections. This will no doubt fail miserably at some point, but it will probably be put off as long as these fools are allowed to run OPM so recklessly with the full support of the reckless Mr. Printmeister himself.
This is a cesspool of speculation, not a "market." And yes, THIS IS STILL A BUBBLE!
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