SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ild who wrote (9167)3/2/2004 1:50:46 PM
From: ild  Read Replies (2) of 110194
 
Date: Tue Mar 02 2004 13:44
trotsky (frustrated) ID#377387:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
never mind the mainstream press - i heard him say it, live on TV.
note btw. HOW current account deficits get 'corrected': by a recession. the extent of the recession must be expected to be commensurate to the size of the deficit..i.e. the bigger the deficit, the worse the recession that will cure it. batten down the hatches...
btw., i fully agree with Greenspan that China's economy is overheating , and Japan's role in this can hardly be overstated...the eventual fall-out of this helicopter money exercise should be stupendous...we may even get to find out how 'safe' all those otc derivatives really are.

Date: Tue Mar 02 2004 13:32
trotsky (frustrated,13:10) ID#377387:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
i think it's rolling over. there are numerous warning signals from various economic indicators...very early 73 like, which also marked a short term top in economic activity and the stock market in an ongoing multi-recessional secular bear period. i hope no-one seriously expects the biggest financial asset bubble of all time to be unwound in a single 'mild' recession?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext