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


To: mishedlo who wrote (77641)4/13/2008 3:49:08 AM
From: Haim R. Branisteanu  Respond to of 116555
 
Containing Systemic Risks and Restoring Financial Soundness

imf.org



To: mishedlo who wrote (77641)4/13/2008 11:09:57 AM
From: dave9  Respond to of 116555
 
"The fed is defending the economy and the market, instead of defending the dollar." Nice wakeup Mish.

Makes you think.

Thirteen years ago the way inflation is calculated changed to hide how the government systemically destroyed the value of the dollar.

The brief time Big Ben has has been around is insignificant. It does not matter what Big Ben does. It is too late. In a few years, when the fed capitulates a dollar will be a thousandth of what it is now. Anything Big Ben can does will make it worse.

Have you considered all it would take to defend the dollar? Give up. Embrace our new overlords and give homage to the creation of the "milbuck". It is too late to stop the process. The dollar is dead. Long live the MilBuck.



To: mishedlo who wrote (77641)4/13/2008 11:53:35 AM
From: Crimson Ghost  Respond to of 116555
 
Not so many years ago, an aggressive young man was one who pushed to make his first million by the age of 30.

But time have changed.

Was watching a TV show made at the height of the boom in 2004 and there an aggreesive go getter is defined as someone who aimed to make his first $100 million by age 35.

A million dollars ain't what it used to be.



To: mishedlo who wrote (77641)4/13/2008 1:15:22 PM
From: koan  Respond to of 116555
 
Paul Volker and George Soros back up your take on the fed. Volker speaking out the way he did shows just how much trouble we are in.