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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Metacomet who wrote (112047)	10/16/2008 7:38:48 PM
From: Kayaker	Read Replies (1) \| Respond to of 206181

Ya'll should adopt the Canadian model. Government surpluses instead of deficits and the "world's soundest banking system". Canadian banks the soundest in the world: report Updated Thu. Oct. 9 2008 1:52 PM ET CTV.ca News Staff In the midst of a global market crisis, a survey by the World Economic Forum has proclaimed Canada to have the world's soundest banking system.... ctv.ca

To: Metacomet who wrote (112047)	10/16/2008 7:40:15 PM
From: Wyätt Gwyön	6 Recommendations Read Replies (1) \| Respond to of 206181

those kinds of simplistic arguments might convince politicians, econ professors and other financial ignoramuses, but they don't fly on SI. the swings shown are due to the corresponding asset bubbles, not the corresponding administrations. presidents are just along for the ride. here we have S&L bubble unwind, tech bubble, tech bubble unwind, housing/credit bubble, and housing/credit bubble unwind. problem is, i don't think they can blow any more bubbles in the near future. BO will probably face double-digit unenjoyment rates for a good portion of his term(s).