Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Crimson Ghost who wrote (40490)	11/2/2005 5:29:21 PM
From: LLCF	Read Replies (1) of 116555

<Much as I detest Dick Cheney his comment a few years ago that "deficits don't matter" has been 100% on the mark these past few years. > Unfortunately just because deficites don't "seem" to matter at the time they are run up, it doesn't mean they don't. One has to take into account the changes to the overall 'conditions' that also occur by way of the run up. If those new conditions make some future event possible that wasn't before, then they do "matter". Not that anyone knows how to figure all that out! :)) DAK

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