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


To: TobagoJack who wrote (47742)3/23/2009 12:03:38 AM
From: carranza2  Read Replies (1) | Respond to of 220085
 
Lawyers and numbers don't mix.

Outbearing TJ?

Maybe so.

My apologies.

Why?

The policy response is atrocious. The new team has proven inept from Day One.

The money guaranteed or committed since 2007 amounts to $14 trillion. And there will be more. If only 50% is actually disbursed, it will be highly inflationary. And recall that this is moolah that has to be spent in the relatively near term.

That which has already been spent has been spent foolishly.

Bernanke has not said a thing about his plans to fight inflation when it appears.

But remember that my prowess does not reside in numbers. vbg. Perhaps I am overdoing it, but I don't think so. Say I'm 50% wrong, where does that leave us?