The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (109087)	3/11/2008 5:39:01 PM
From: Hawkmoon	Read Replies (2) of 306849

They know that if today's sleight of hand action doesn't stick, all bets are off. Well.. if you're still perceiving it as "sleight of hand", you're in for a world of financial pain, IMO.. (at least for a few months).. It will stick because this is a COORDINATED effort by multiple Central Banks.. If it were just the Fed, I might be more inclined to agree with you.. But you get the leading global central bankers all in some form of agreement and you're just crazy to beat your head against that financial wall.. Remember.. they can create money.. We can't.. And they'll do ANYTHING to preserve the global financial system.. And if that means they have to absorb the "shadow banking" system, they'll do it.. In fact, I think that's what they want.. Hawk

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