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Strategies & Market Trends : Waiting for the big Kahuna

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To: Terry Whitman who wrote (91589)	11/25/2009 10:04:20 AM
From: Real Man	Read Replies (1) of 94695

Oil was not a bubble, but it was overpriced. A large short fund blew up, and then the globe fell into depression because of oil going to 150. What do you expect? It will rise again, and more. Many commodities went ballistic on Ben's cuts and crashed in 2008, including wheat. I guess they are very volatile US unfunded liabilities are about 800% of GDP, and the credit bubble was added to these last year. A bit of transfer happened, Govt. debt to WS pockets. Some folks are getting a little concerned. I mean, how do you pay 118 Trillion if your revenue is way negative? Everyone kinda knows how, they see Ben utilizing the appropriate tool, and project he will continue doing so. Thank God the rating agencies still rate US AAA. I mean, they say that 90 Trillion SS/Medicare concerns them, but they are OK with it for now. Then the whole mortgage bubble was transferred on that balance sheet. It did not really add much to it. Everyone happy. Some even buy the bonds because of deflation. -g-

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