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

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To: stan_hughes who wrote (92554)3/20/2008 6:26:57 PM
From: bart13  Read Replies (3) of 110194
 
I'm very far from happy about what the Fed is doing and has done, but I'm even less happy about the idiocies that they and the other anti-social idiots in regulatory areas (including the Fed itself & Greenspan) didn't do a few years ago when all the indicators were there... and we could also trace that back for many decades or even centuries.

The Fed and gov't are screwed - all options suck, and they're walking on a razor blade.

If they do nothing, the probability of a global financial meltdown is very high. The "best" outcome is a delay of the inevitable - whether that's crash & burn or hyperinflation or some nasty combination, the chances of the NAU and the Amero coming about on the way to something like Mundel's Intor or similar aren't small... along with the other ugly police state and Orwellian features.
Time for a few cold ones...
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