DJ, I am busy doing what I must do, preparing for the next 50 years, but for the contrarian, read this worldmarket.blogspot.com
On window watching, I looked out of the window last night, and the half moon lit ocean scape was like a picture, fringed at a long distance away by a small ring of flood lights of squid-hunting boats.
On CB, I am trying to be helpful. Imagine her world, collapsing around her, where wealth is turning into debtly obligations, and obligations nightmare. Anyone not deluding themselves might feel disillusioned, betrayed, or cheated, and even the most optimistic can only see four more years of the same, regardless of who steps into the role of TV viewership lead-position, because the true power, the FED, is in the hands of fraudsters, as she once made a accurate point in error Message 20042249 <<April 20th, 2004>>
I do not know, maybe she feels different, neither disillusions nor despondent, still going "wheee! we are so rich".
Perhaps we worry too much.
Chugs, Jay
P.S. about the June 30th FOMC meeting, you think they dare raise the indicated rate, indicating that all is well?
CB felt that China raising rate would be a mistake siliconinvestor.com . Well, so far China has not raised rate, and so must be doing the right thing.
Her hero BurnAndKaput may soon make an error, according to CB's world view and economic beliefs, unless she does a quick two-step and change her view, as she appears to do with Iraq, first all game and all apparently knowing, and then ... nothing Message 20008482 |
