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


To: mishedlo who wrote (41922)11/29/2005 7:17:26 PM
From: patron_anejo_por_favor  Respond to of 116555
 
Problem is, durable goods were strong, housing starts were strong, and the clowns at OFHEO just raised the limits on conforming loans today.....the Fed is gonna have to raise even harder to kill speculation in the housing bubble now....they're going to have to kill the economy to do it (and they will). There's no law against inverting the yield curve, sometimes it's exactly what the doctor ordered. Don't fear the Reaper, nahhhhhh-nah-nah-nah-nah-nah!<G>

"200 million (deficit) everyday
Lives together in eternity
(we can be like they are)
Come on baby, don't fear the Reaper!"

That is amazing...the US runs a current account deficit of 8 million an HOUR, or 135,000 a minute, or 2,200 a SECOND! Wait, we ran up a few hundred thou since I've been typing this!