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

To: mishedlo who wrote (97355)	5/10/2009 10:08:02 AM
From: The Reaper	Read Replies (1) \| Respond to of 116555

<finally caught a fish today> Well, I guess there's a dorkfish in every school. :)

To: mishedlo who wrote (97355)	5/10/2009 10:48:16 AM
From: valueminded	Respond to of 116555

It does not matter if local credit dries up. The government will be soaking up all available credit for the near future. It will expand its balance sheet and if you are competing for credit with the federal government or government backed entities, I think the "FICO" score of the FED is way better then any personal or small business score. I think we are all underestimating the power of the current administrations trillion dollar yearly deficits.