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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (21662)	7/25/2002 6:44:54 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi DAK, <<Things getting serious>> Message 16212324 August 15th, 2001 <<Hi Maurice, <<roll back financial collapses!>> We have barely, and only just, held back the determined barbarian attacks by implementing the widely anticipated, least imaginative, most drastic, irresponsibly sustained, and fastest successive series of FED rate cuts ever in history. Still, the economy and the markets do not improve. In the meantime, the balance sheets of the nations, states, municipalities, corporations and individuals continue to deteriorate, with no end in sight and no bottom in view. The final three-pronged attack is being prepared against the center with grim efficiency and murderous determination, aided by on-line credit application and off-rocker mentality that believe in the unbelievable. The defenders are conditioned to trust that (a) there will be a V-shaped recovery tomorrow, now that it is no longer yesterday; (b) trade deficit does not matter; (c) debt overload does no harm; and (d) Uncle Greenspankie and Sam will make matters OK. The final attack could involve a shock troop attack softening down the Dollar or a serious Debt explosion deep within a nation, a corporation or a even a fund. The follow-on attacks will most likely involve the simultaneous Deflationary ‘cratering’ of the real estate funding bubble and the final bleeding of gushing hope from the quiescent population. The exact scenario does not even matter given the weakened state of the defending infrastructure and inadequate cash and FED rate ammunition supply. Any brightening of hope in the interim is just a fatally toxic fantasy wrapped in shimmering hope tied with comforting propaganda presented on a platter of official deceit. Swallow the fantasy, financial suicide results. ... I am being optimistic and am of course assuming that all the market noise and propaganda smoke is not in fact camouflaging an inflection point connecting Silicon Glory to an as yet unknown “next abracadabra”, as the Rust Belt was once transformed into Silicon Glory but accompanied by much dying anguish and birthing pain.>> I am still hoping that the next abracadabra is not the most productive and efficient technologically enhanced police state. The people power will have to do its thing come 2004. Here may be one answer ... Message 15134944 January 6th, 2001 <<... My favorite countries in the world, besides Trinidad, are the Philippines and Italy. I really appreciate small and totally useless governments in charge of gorgeous places populated by beautiful people, and I have no particular use for borders and government revenue collectors>> Chugs, Jay