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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: SouthFloridaGuy who wrote (87801)10/7/2008 5:13:18 AM
From: Haim R. Branisteanu2 Recommendations  Read Replies (2) of 116555
 
The market is still in a "sell the rallies" mood it will take years for the market to stabilize and make a sustainable bottom.

Lots of hard earned funds went to money heaven and unemployment is rising - next a bout of inflation in food and other day to day staples and continuation of home prices grinding lower - not something to feel exuberant about.

On top of all the ills Russia is saber rattling which will put an additional damper on the recovery and the ultimate blow will be the election of BO as president which will run the US economy into the ground by trying to transform the US society into a "France" model.

BO is aloof, arrogant and demagogical on top of being clueless on many issues like Palin and much worse than HC with her desire of power for power sake agenda.

There is a sterling proverb reflecting the deeds of those types of people in the bible, perfectly matching BO and HC characters. As to Palin seems no shoes are too big for her, in her opinion.

How pity that Palin is not going home and some one with substance will join the Republican ticket – until then, to my sorrow the US economy is doomed - or as always a miracle will happen and Putin will disappear from the public scene or ........
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