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


To: Tommaso who wrote (13180)10/8/2004 7:16:48 PM
From: Crimson Ghost  Respond to of 116555
 
I don't remember where I saw it, but some years ago Greenspan was quoted as saying something to the effect that a prolonged slump would threaten the stability and viability of the system. The implication, of course, is that ANYTHING (even surging inflation) is preferable.

The green slime does apprear to be taking his cues from this basic belief.