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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (59839)	4/29/2006 2:51:25 AM
From: mishedlo	Read Replies (1) \| Respond to of 110194

How are they reasonable if they can not be carried out? I think it is pie in the sky wishful thinking especially in regards to oil. What is needed to cure things is a recession to slow down the demand for goods and slow down the demand for oil. Mish

To: CalculatedRisk who wrote (59839)	4/29/2006 9:54:04 AM
From: Oblomov	Respond to of 110194

Bernanke doesn't seem to be fooled by Fannie Mae's propaganda: today.reuters.com

To: CalculatedRisk who wrote (59839)	4/29/2006 9:56:42 AM
From: GST	Read Replies (2) \| Respond to of 110194

Demand for oil is rising as hundreds of millions enter the world of oil consumption. I doubt they will decide to leave. So we must compete for an increasingly scarce resource. The best thing that could happen to the US would be an oil shock that takes oil to $150 to $200 a barrel. Then we would innovate and substitute. Everything else is just a bandaid. An embargo of Iran followed by an Iranian embargo of us would do the trick. I hope Iran does not back down.