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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: coug who wrote (84126)8/9/2007 9:11:57 AM
From: ballsschweatyRead Replies (2) | Respond to of 306849
 
<So they are talking rate cuts already, that won't help one bit.. China will be pissed and start dumping..>

Why do you assume that? They were buying T bills by the boatload when fed funds was 1%.



To: coug who wrote (84126)8/9/2007 9:12:28 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
China will be pissed and start dumping..

You have just verbalized the greatest fear of the FOMC. Wall Street can't think even that far ahead.

I would like to think Bernanke is too smart to cut. He has to know what will happen.



To: coug who wrote (84126)8/9/2007 12:48:00 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Exactly. Buffett's weapons of financial mass destruction (ie, the "nuclear option") are probably fueled and on the launch pad as we speak....