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

To: Wyätt Gwyön who wrote (1223)	3/4/2004 6:20:34 PM
From: patron_anejo_por_favor	Respond to of 116555

<<it seems likely that the US today has the most permissive consumer financing regime in human history. the scary thing is, once you have put such a system in place, you can't eliminate it without causing a depression>> Yesssss....the most cogent 2 sentence economic analysis I've ever seen! They should tattoo it on the forehead of every member of the FOMC (and Al Leeson should get a 2nd one on his butt cheek, "just in case"....)