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


To: mishedlo who wrote (21969)1/22/2005 3:50:25 AM
From: RealMuLan  Respond to of 116555
 
Greenspan is a smart person, no doubt about it<g>. But it beats me that why he cannot see the Free Lunch is being invented in the booming housing market.

And I also remembered that he supported Bush's tax cut, which is the most significant single factor for the huge Fed. budget deficit.