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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (1589)10/20/2003 8:30:36 AM
From: el_gaviero  Read Replies (3) | Respond to of 110194
 
Thanks Mishedlo for passing along the interview by Snow.

All I can say is that I find it astonishing.

If the US economy sustains an increase in interest rates without serious problems, I will be in need of new wet-ware, that is, I will be in need of having to re-program my understanding of what is going on.

I just don’t how an increase is possible ((without problems))). And worse. I don’t see how Snow does not see this. In fact, I think that Snow’s endorsement of increased rates will all by itself be far from neutral.

Of the choices you give us to explain what is going on, I tend towards number three, stupidity.

SOMEBODY is stupid. If it is not John Snow, then it’s gotta be me.