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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (642)2/25/2004 2:58:07 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
Thanks - good analogy
I posted a link to here on the FOOL but any replies will be over there.
If some come in I will post them back here

M



To: CalculatedRisk who wrote (642)2/25/2004 3:02:54 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 116555
 
most accurate analogy I have read in months:

I remember once watching as some kids tried to inflate a bicycle inner tube. The tube had a weak spot, and as these kids pumped air into the tube, the weak spot bulged out of the tire, and the tire did not inflate. That is what the Fed is doing now!

our bulge is financial speculation in the false economy
Asian outsourcing and mfg expansion in the real economy

/ jim


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