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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: zamboz who wrote (20861)6/17/2009 6:56:23 PM
From: carranza2  Read Replies (1) | Respond to of 71456
 
Horse is already out of the barn. Too late. I think the derivative traders finally learned a lesson.



To: zamboz who wrote (20861)6/17/2009 6:58:16 PM
From: axial1 Recommendation  Respond to of 71456
 
Totally agree... finally!

Though I still think that Washington kowtowed too much, to Wall Street.

The tail is wagging the dog. Instead of deploying capital productively, to the benefit of the economy, Wall Street prefers to bet it on red.

They're captives of Enron thinking and techniques. The economy, the people, the nation and the world are paying for their wagers and losses - but get little in return.

Jim



To: zamboz who wrote (20861)6/18/2009 4:39:01 AM
From: Real Man1 Recommendation  Respond to of 71456
 
We'll see what happens. I see a lot of good stuff with O in
charge, even though it seems now nobody likes him. He fixes
some things, one at a time. Medicare is a major long term
liability to tackle. The trick is to trim sharp cost increases
somehow. Smart man, smart team, but difficult situation -
and corruption is not gone, of course.


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