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


To: Haim R. Branisteanu who wrote (60712)12/17/2006 8:04:14 PM
From: TobagoJack  Respond to of 116555
 
Haim, <<Aside from that, what do you have to say about the 15% to 20% of people earning power channeled into financial asset courtesy of their government (social security) and their employer (pension funds) and their own IRA / 401K savings every month in the Western Hemisphere in holding up the various bubbles?>>

... what I have to say is that I am guessing, but the artificial valuation support measures can keep to trend, and get more outrageous still, for another 5-10 years; and that desperate times call for desperate measures, all justifiable under the standard of homeland security

... because the very concept that there can be homeland security without global security (of oil sources, for just one example) is cocaine for the masses

Chugs, J