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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: John Vosilla who wrote (50450)5/3/2006 12:12:12 AM
From: shades  Read Replies (2) of 116555
 
US banking system that is strongest of all and Chinese state run banking system is basically insolvent

The philster has said many times since the fun with S&L scandal - they are gonna save the BANKS no matter what else blows up. That bush's administration has been one big sham to save the banks and the big companies at the cost of everyone and everything else in society. All the laws enacted the past few years seems to make what phil says true to me. What is the Wiz saying lately on the macro economy?
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