I hereby fine you $1 for disrespeck to Mr Magoo GreenMan
interesting reads, one and all, thanks
I expect rising rates from here to 2005
the ultimate insult will be for a rise in the 3-month Bill yield when Alan Moron GreenScheiss pounds his own broken table with talk about "deflationary threat"
he would be required by market forces to raise the FedFunds casino rate
if he refuses, then he invites a carry trade speculation game whereby gamblers borrow overnight and invest in the 3-mo TBill
that would be true insanity, but might actually happen
WE WILL GET (AND EARN) A NASTY INFLATIONARY RECESSION
the main question in my small mind is whether it gains momentum and becomes a depression
many have misinterpreted my expectation of a USEcon collapse with a USDollar collapse
IT HAPPENS SLOWLY AT FIRST, THEN GAINS SERIOUS MOMENTUM
the pillars must be knocked out first
mortgage finance first
then real estate
then consumption
then stocks, but they might hang on for a while
THEN DISCREDIT ON WIDESPREAD BASIS OF GREENMAN AND THE FED
I am seeing more and more disrespectful editorials in newspapers
here in Columbus, a cartoon of GreenSpasm requesting the public to rub his head, next to an article with James Coons criticizing that "Greenspan dead wrong to prod inflation"
readers must beware that the Fed has gone way overboard in every economic turn
they targeted a SOFT LANDING in 1999
and got a profits depression, and massive job loss
they now target REFLATION in 2001-2003
nevermind that nothing they do works anymore, the public wants more of whatever doesnt work
we will get rising price inflation, rising long rates
all by next year
damn, I wear myself out
/ jim |
