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

To: Provider who wrote (97533)	5/15/2009 9:45:40 AM
From: Think4Yourself	Read Replies (5) \| Respond to of 116555

OK, that makes sense to a large degree, and in normal historic situations I would probably agree completely. The problem here is that we just popped the largest bubbles in the history of the planet. The furriners are saying enough. They are cutting way back on their Treasury purchases, which means the Fed can't find buyers for all the dollars they are printing. The national debt is also going through the roof as private mistakes become public debt. At some point soon people are going to want a lot more dollars for their goods/services. Some friggin moron on CNBC now saying DOW will go to 12,000 by September. As long as we are fantasizing about what might happen, why not 20,000?