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

To: Think4Yourself who wrote (28484)	4/25/2005 10:11:37 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 116555

>>For all three of these people to have come to the same conclusion independantly is scary, at least to me.<< Not me....sell 'em all and let God and the clearing houses sort it out!

To: Think4Yourself who wrote (28484)	4/25/2005 10:29:52 PM
From: CalculatedRisk	Read Replies (2) \| Respond to of 116555

They must be reading Mish's blog<G>! I doubt we will see a depression and hopefully not a serious recession like the early '80s with double digit unemployment. But I do agree the conditions are in place ... serious problems that are being ignored and poor/no leadership or financial skills in the current administration.

To: Think4Yourself who wrote (28484)	4/26/2005 8:52:45 AM
From: Earlie	Respond to of 116555

John: My past includes a fair amount of time "on the water" and consequential time in the air. Over that period of time, I developed a great deal of respect for the constant "weather vigilance" displayed by those who spend significant periods of time in either environment. This vigilance was either instilled in them by older, more experienced hands or came about because their past included some adrenalin-drenched moments when a safe return to port or runway was in question. Approaching bad weather ALWAYS provides signs of its approach. Sometimes those signs provide lots of opportunity to get out of the way and sometimes very little time to sidestep. Be that as it may, the signs that today point to "perfect storm" conditions in the economic oceans are so manifest as to cause prudent pilots to "divert to an alternative destination" and sailors to head for the nearest secure port. Meanwhile, the weekend power boaters continue to motor on out into deeper waters even as the cumulo-nimbus clouds darken the horizon. None wear life jackets or foul weather gear. Even the most experienced weather watcher experiences difficulty in predicting the specific hour when the rains will commence. But when he sees dark skies and says "soon", battening down hatches sure as heck makes sense. (g) Best, Earlie