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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (36191)1/25/2004 2:19:24 PM
From: lurqer  Read Replies (1) | Respond to of 89467
 
Soros Says Bush Policies to Cause Boom in 2004, Bust in 2005

Earlier (in the summer of '02), I had a demographically based scenario that had a secular bull occurring prior to the final fall off the 2000 delusional high, to the despair of the valuation low that has always occurred after a bubble. The combination of the massive liquidity pump by Greenspan and the fiscal irresponsibility of enormous deficits and huge MIC spending, has both accelerated the timing and inflated the overvaluations of this secular bull. My experience tells me there is always a "Piper to Pay"

JMO

lurqer