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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (70713)10/30/2007 1:40:51 PM
From: RealMuLan  Read Replies (1) of 116555
 
I see. lower interest rate may still help a little, but not much. Due to too many clown bucks out there, the Fed will have less and less control over them with their monetary policy.

>>More than likely we have a series of recessions just as Japan did.<<

You could be right. when more Asian CBs dump their US$ debt. But this will be a gradual process. So the US is in a long pain, which has just started in a stealth mood<g>
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