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


To: ggersh who wrote (78903)5/8/2008 7:12:30 PM
From: SouthFloridaGuy  Read Replies (3) | Respond to of 116555
 
BWDIK sounds right. The Fed is basically irrelevant. The Fed is doing it's job. The Fed is supposed to be a liquidity provider. The Fed cannot control the economy. The laws, natures and values of our society control the economy. The Fed is not printing.

Why do you assume we will not have a recession? We're going to have a massive one.

The housing downturn is only the appetizer.