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

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To: Ken Reidy who wrote (99148)10/24/2008 12:57:59 PM
From: TH1 Recommendation  Read Replies (3) of 110194
 
Ken,

Agree.

These idiot master planners think they change long term trends and avoid unforeseen implications. They are killing the markets and risking a real depression with this irresponsible crap. The market was pricing a lower dollar for good reason, and it is absolutely in the best interest of the globe to allow this to happen.

Had the trend been left alone on its steady and slow course, we would be 4000 points higher on the Dow right now. They are killing the ability of the US to export and reducing the incentive to locate needed production in the states.

Now I don't have the big brain that Ben and Hank have, but this is not rocket science.

Of course the bigger fear at the time was inflation bitch-slapping them and our clowngress and president for four decades of inflationary policy. You can't get something for nothing forever, even if you have a big gun.

These idiots have damaged the markets for many, many years to come and hundreds of thousands of people will lose employment. Probably millions globally.

Too bad the majority of Americans are too stupid to understand any of this.

GT
TH
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