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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: stockfiend who wrote (76542)3/20/2008 10:55:09 AM
From: Sunny Jim  Read Replies (4) of 116555
 
What's amazing, almost comical if it weren't such a disaster, is that the FED and the politicians didn't get the least alarmed when we had huge inflation in assets., ie, the stock market bubble, the real estate bubble, the commodities bubble. Did they think that those bubbles represented true fundamental value brought on by productivity and the internet age? What in the hell were they thinking. Now, they would have you believe that those bubbles were where prices should be and we have to do whatever it takes to maintain those levels. This isn't going to end well, folks.
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