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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (15720)7/14/2002 3:51:28 PM
From: nspolar  Read Replies (2) of 36161
 
Mauldin, more on deflation.

2000wave.com

Plus the pimco link, for McCulley's article.

pimco.com

["Both Wall Street and Main Street are currently exploding bubbles, and the explosion will self-feed, not self-correct, until (1) the Fed eases massively, and/or (2) the federal government proactively reduces the budget surplus.

Debt deflation is the beast of burden that capitalism cannot bear alone. It ain't rich enough, it ain't tough enough. Capitalism's prosperity is hostage to the hope that policy makers are not simply too blind to see." ]

Read em.
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