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Politics : PRESIDENT GEORGE W. BUSH

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To: CYBERKEN who wrote (683276)5/24/2005 1:19:10 AM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
Hey, Cy! That 'deflationary disaster' you are always worried about looks like it's *just over the horizon*!

When the Fed reaches the end of it's rope soon --- and has no ability to hike rates further, and must soon begin lowering them again --- the fuze will be lit.

When China uncouples their currency from the dollar, the bomb will be going off very soon.

Look for stagnation AND asset deflation (housing, financial assets, etc.) after that.
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