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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (78118)12/8/2007 2:57:38 AM
From: Real Man  Read Replies (1) of 94695
 


This is our current financial pyramid. Broad money, the second lowest
layer, is growing 18% to compensate for ongoing derivative
bomb collapse in the area of securitized debt and financial
derivatives. So far the Fed's effort to pump the second
layer, M3, has succeeded in preventing the collapse of this
structure. -g- But to say that cash is abundant in these
markets is to ignore the third and the fourth layer entirely
-g-
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