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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (43055)11/24/2008 3:18:51 AM
From: TobagoJack  Read Replies (1) | Respond to of 218050
 
30-50 tril of balance sheet went poof

monetary life force remain illiquid and trapped between central bank and the banks

deficit, enabling govt's ill-advised and centrally planned spending, will obligate all to be tax-and-inflation cows

i see no good news with regard to govt intervention, whether at a few hundred billions or, worse, at several dozen trillions

we either owe up to our collective sins now, tour hell, or sincerely regret later, and take up residence in purgatory