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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (468)	11/16/2008 4:48:19 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 621

Yes, hunting down Martha Stewart seemed pointless. Got her on the usual "panicked and covered up" which was the only crime she committed. Covering up a non-crime shouldn't be a crime. Mqurice

To: Cogito Ergo Sum who wrote (468)	11/16/2008 8:00:28 PM
From: bruiser98	Read Replies (1) \| Respond to of 621

Paulson as treasury secretary... Isn't that like the fox running the hen house.. And when the owner laments that egg production has fallen off the cliff, he asks the fox, "What shall we do?" The fox replies, "Buy more chickens. But buy fryers. Those old hens are awfully tough."

To: Cogito Ergo Sum who wrote (468)	11/16/2008 8:43:37 PM
From: Maurice Winn	1 Recommendation Respond to of 621

Where did the crisis originate? Sort of in the USA, but Japan and China loaned people megabucks to get into debt and the mortgagees thought they had better be in the money river or miss out, even if they could see there was risk. So if Japan and China had not accepted US$ or had converted it immediately to real things like gold, land, factories and other productive assets, then the debt ledgers would have been small. The USA can dilute the money owed and bad luck for the creditors. They are doing that. NZ housing is on the way down and so is NZ$, back to 53 yen right now. It was 83 earlier this year. The NZ deficit is booming. Loans are coming due. Something has to give. Look out below [as I have been ranting for a year or two]. Mqurice