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


To: Rarebird who wrote (76340)12/21/2006 2:07:47 PM
From: Real Man  Read Replies (1) | Respond to of 110194
 
Cause it is the Fed's fault. They have encouraged moral hazard
behavior for so long... Well, the tax cuts and increased spending
did not help either, and neither did distorted inflation
statistics.

Now we have a situation of possibly unstable currency,
as a result, and a future economic crisis that definitely is
going to be devastating, regardless of what they do.