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


To: russwinter who wrote (4933)1/13/2004 12:20:41 PM
From: yard_man  Respond to of 110194
 
he nevers talks about the underlying allocation of REAL resources -- that's where the rub is.



To: russwinter who wrote (4933)1/13/2004 12:22:29 PM
From: mishedlo  Respond to of 110194
 
He then admitted that the twins deficits might be of concern, "some day" (presumably when he retires, and there's nobody else to put behind the curtain?). He did sort of skip over the fact that private savings flows to fund this are no longer there, and that the BOJ seems to be about the only buyer. But oh well, a small detail.

I think this calls for a song
Someday over his rainbow skies are blue

M



To: russwinter who wrote (4933)1/13/2004 3:12:46 PM
From: Jim Willie CB  Respond to of 110194
 
I was taken aback by the nature of the questions to Greeny
I dont pay much attention to his words
that removes much pain in listening to this charlatan

instead I focus on his topics of discussion
- DOLLAR CRISIS
- TRADE GAPS
- FEDERAL DEFICITS
- RECOVERY

who gives a shit what he says?
let's focus on what occupies his mind
he is a master of denial and genius in building bubbles
the bond bubble is his new big baby
because he is OZ, he will be able to perpetuate it longer than it should last
the stock and telecom debt bubble were not of his genetic origin, and thus were doomed to a sudden painful death

his words are the stuff of amusement
I had the sound down when he spoke, so that all I could gather was his topics
I turned it up so as to hear every word of the German questions
I did not think their questions implied much respect or flattery

/ jim