The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: skinowski who wrote (65647)	7/9/2006 1:25:49 AM
From: ild	Read Replies (2) of 110194

Because if Greenspan's bubbles are not popped soon they will become Bernanke's liability. My assumption is that Bernanke wants to be the fed chairman for 20 years, plus of course he wants to be the greatest one. Another question is why he became the Fed chairman. I'm sure he read this thread and knew about many bubbles and other imbalances. Apparently he believed that he's the best person to help America in these hard times. Another POV in analyzing Bernanke: as every elected person from the day one in office he's now working hard to ensure his reelection. To be reelected he must not alienate the party that will be in charge (very likely Democrats) and he must not be responsible for troubles (so he should pop Greenspan's bubbles while they are not his).

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