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Politics : Israel to U.S. : Now Deal with Syria and Iran -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (9650)12/29/2005 7:22:50 PM
From: sea_urchin  Read Replies (1) | Respond to of 22250
 
Crimson > A bear market in stocks and real estate will do more to destroy Bush and his minions than all that has happened in Iraq.

On account of the "invisible" inflation which is caused by all the money creation at the Fed there is a bear market in stocks going on all the time. Because the inflation figures are "adjusted" people think there isn't any inflation. This chart of the DJIA divided by the CRB Commodity Index shows a truer situation.

stockcharts.com[w,a]dalaynay[dm][pd200,2]

The point I'm making is that an actual bear market with prices going down in a big way is most unlikely on account of all the money. Thus I do not think Bush will meet his come-uppance on account of the stock market.