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

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To: ild who wrote (65849)7/11/2006 8:40:43 PM
From: UncleBigs  Read Replies (1) of 110194
 
Roach has spent too much time in the ivory tower. The Fed's jawboning is fairly immaterial. Will this get money in Joe Sixpack's hands so he can buy a new atv? Our economic ills go way beyond effect jawboning.

The fact is that our economic goose is cooked. With debt to gdp of 400%, we are going to have a deflationary recession/depression. If Bernanke is smart he will induce it quickly by popping all of Greenspan's bubbles. He can blame Greenspan and then be the hero as the world's premier deflation fighter is on the case.
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