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


To: Perspective who wrote (90783)1/23/2008 4:26:47 PM
From: Mike Johnston  Read Replies (1) | Respond to of 110194
 
The action in outfits like JPM and "formerly bankrupt" (?) bond insurers ( if we believe that capital is raised by the government ), suggests that recent market downdraft will be used as an excuse/scare argument to rev up the printing presses and engage in unconventional methods of intervention.

Add extremely negative interest rates, certainly to the extent that it has never been seen in the history of western economies.

These misguided interventionist policies can only lead to one final outcome down the road ( i will say this yet again ), H Y P E R I N F L A T I O N .



To: Perspective who wrote (90783)1/23/2008 4:29:23 PM
From: benwood  Read Replies (2) | Respond to of 110194
 
Dead cat bounce. A couple more weeks and it will all start feeling like a hangover again. Maybe sooner...

I expect a boatload of positive spin for the foreseeable future.

Oh, how about this contrary indicator from the Seattle Times?

seattletimes.nwsource.com

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