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


To: Silver Super Bull who wrote (8583)2/24/2004 3:01:14 PM
From: mishedlo  Respond to of 110194
 
Who said it was not fatally flawed?
I am pointing out the reasons and giving you another big player that is about to do the same thing.

Europe hasn't even started to yet, but you expect a reversal?
Not logical to me, no matter how logical it might SEEM.
The trend will continue until it stops.

Mish



To: Silver Super Bull who wrote (8583)2/24/2004 5:41:35 PM
From: Jim Willie CB  Respond to of 110194
 
currency debasement places speedbumps on the road to decline
it is wasteful
but Central Banks maintain the twisted notion that an orderly decline will serve them (or somebody) well
reminds me of Chinese water torture being better than a good drowning
one kills the brain
one kills the body
take your pick

vonMises put it well when he said the ENDGAME dictated currency competitions in a race toward economic destruction of participants

strange, but so few seem to realize something is very wrong
and GreenyWizOz has put us on a path to nowhere
/ jim