Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: octavian who wrote (42262)	1/18/2009 10:38:33 PM
From: Skeeter Bug	of 42834

i'll check out www.hussmanfunds.com. btw, i don't have "people," i evaluate ideas. we all know the unsustainable credit bubble has been financing our bubble economy since the clinton administration. now that this game has blown up and we are looking at massive debt, massive interest payments and, most assuredly, massively higher taxes on the wealthy and the not so weatlhy, what will be the main drive of our economy to boost it higher now that "going deeper into more debt" is off the table. oh, and losing 500k+ jobs per month can't be good for a consumer driven economy. nor can states like CA that are effectively bankrupt - taxes will be raised there, too. i see lots of people on TV pointing to charts telling us how the market will go higher, but not a single one of them can name a specific economic driver that will propel a historically over valued market up in the midst of the worst financial crises in 70 years. do you have one?

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