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

To: NOW who wrote (8992)3/1/2004 6:24:23 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
The choices facing policymakers as I see it:

1) Tighten soon and allow a painful (but not catastrophic) correction in the markets and possibly set the stage for a rebound later this year

2) Stay on the current course which risks a truly horrendous crash in global markets. And there is no guarantee that this crash can be postponed until after the election although they MIGHT succeed in doing so.


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