SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (25957)12/10/2002 12:57:28 AM
From: smolejv@gmx.net  Respond to of 74559
 
Hi Carranza:

Nothing is as certain as the future (g).

When I look at the big equation

GDP = government spending + consumer spending + monies from the other side of the oceans

and I assume a zero on the left hand side, it sure looks, it's time for US government to kick in. So eventually everything looks dandy below the bottom line? No way, Jose. Too much credit gone down the wrong way, too little (actually no) net investment, J6P getting older and getting stripped of his savings, and the world asking (like Oliver Twist) for more: "we produce, you spend".

Re PIMCO: as if Greenspan put was not enough, now we got Bernanke put as well (I guess that connects somehow with FNMA & her brothers and sisters). Both puts are made out of thin air called trust.

I may sound like the Humbug character out of Xmas carol, but i caught myself several times lately saying "I want to stay a realist, because life can be so much fun".

My daughter is still without a job. No benefits, no help from state (just to fend off any smart comments on German state feeding the useless birds).

see "Starting at the end - a fit of panic"

xave.de

RegZ

DJ