Scene Four: Now we move on to less important matters, by the numbers …
The problems are as follows:
(a) General debt amount, and lack of credit quality,
(b) Weakening manufacturing,
(c) Weakening employment,
(d) Weakening capex,
(e) Lack of savings and peak consumer spending,
(f) Weakening NAV,
(g) Over capacity in production and service infrastructure,
(h) Power, energy issues,
(i) Argentina, and pending induction of flight to quality from emerging market debt,
(j) Senseless equity valuation, and participation rate of population in speculation
The solutions:
(a) Push on the interest rate string to at least delay, hopefully prevent disaster,
(b) Push on it some more,
(c) Causing further steepening of the yield curve,
(d) Possibly inducing trillions of Japanese money to provide an exit for the world, once again, and/or
(e) Deflation, inflation, stagflation, bankruptcies, and general all around chaos.
What do we think, buy now, sell later; sit on our hands and do nothing but watch?
Back to chugs, Jay
Scene One: Hawaiian homes
Message 15731776
Scene Two: platinum and gold
Message 15731778
Scene Three: money
Message 15731779 |
