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


To: Crimson Ghost who wrote (5114)1/14/2004 9:28:06 PM
From: mishedlo  Respond to of 110194
 
This is hilarious - Very long rant from mogambo guru
this is one little snip

This afternoon I watched Alan Greenspan address the German Bundesbank. He admits that we have problems, but they are all manageable if we remain, and I quote, "flexible," which is Fed-speak for "Acting like idiots and doing things that are suicidal in the long run, and which no serious student of economics has ever espoused in the entire history of economics, because if they had, then everybody would have laughed at their laughable incompetence and somebody would have thumped them on the head and it would have hurt."

dailyreckoning.com