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


To: John Vosilla who wrote (24096)2/22/2005 1:43:42 PM
From: russwinter  Read Replies (1) | Respond to of 116555
 
<Russ where is the capital coming from to fund all that debt >

To have Uncle Ernie and his fellow pedophiles run the printing presses and risk USD collapse and big runups in "things" like oil, etc (flucht in die sachwerte), or not to run the presses to reign in imbalances and save the USD as money, that is the question? We live in interesting times for sure, so can't really give you a guaranteed answer about the future course the various Wizards (could be different?) take, except to say we are in deep doo doo either way. The responsible course longer term would be to reign it in, even if the silly season crowd gets their heads handed to them. If you run printing presses I think you get ALL the fallout (including a housing crash, caused by the breakdown of Bretton Woods II)listed above.
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