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


To: NOW who wrote (93354)1/25/2009 6:37:44 PM
From: Claude Cormier  Read Replies (1) | Respond to of 116555
 
- their was temporary price delusion. home and stocks were never really worth anywhere near the 15 trillion in extra value that has disapeared overnight

I agree with that. Nevertheless, when these prices come back to earth, it is still price deflation. Not monetary deflation. And the billions that were created based on this delusion, remain in the system. It basically makes the currency more fiat.



To: NOW who wrote (93354)1/25/2009 11:42:13 PM
From: mishedlo1 Recommendation  Respond to of 116555
 
Stupidity Has No Bounds: Chrysler Urges Dealers To Buy More Cars
globaleconomicanalysis.blogspot.com
Any dealer dumb enough to do what Chrysler is asking deserves to go bankrupt tomorrow. Please consider Chrysler urges dealers to buy more cars.

Mish



To: NOW who wrote (93354)1/25/2009 11:46:46 PM
From: mishedlo10 Recommendations  Read Replies (12) | Respond to of 116555
 
Peter Schiff Was Wrong
Warning... very long post
globaleconomicanalysis.blogspot.com

There are numerous YouTube videos, articles, and references to Peter Schiff being "right" rapidly circulating the globe. While Schiff was indeed correct about the US imploding, most of the praise heaped on Schiff is simply unwarranted, and I can prove it.

First, let's start with a look at the claim being made. Peter Schiff concludes many of his articles, books, etc. with the following statement.

"Mr. Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market before it began and to have positioned his clients accordingly."

I would like to see some proof of that statement.
....