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

To: carranza2 who wrote (78612)	5/2/2008 11:08:18 AM
From: Paul Kern	Read Replies (1) \| Respond to of 116555

Because they have no way of paying it back?

To: carranza2 who wrote (78612)	5/2/2008 11:37:34 AM
From: jmiller099	Respond to of 116555

Because it is fun and entertaining to flood the world in liquidity and see which bubble grows. Don't you remember as a child, bubbles were an endless form of entertainment? Especially in the strong wind at a beach! These Fed also still find passion for their youth and enjoy blowing bubbles and chasing them around. Today's news amazes and baffles me. Now we are on the hook to fund credit card loans and auto loans to the maxed out populace! Do we even have enough money in the Fed and Treasury to cover our nut on those obligations? They are going all-in to prevent deflation, can they do it?