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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (393478)	8/31/2009 1:24:47 PM
From: MythMan	1 Recommendation Respond to of 436258

He is one funny dude.

To: Box-By-The-Riviera™ who wrote (393478)	8/31/2009 3:32:41 PM
From: NucTrader	Respond to of 436258

What's coming "may be" (note I didn't say "is" -g-) a worldwide deflation during which interest rates fall, prices fall, capital is destroyed, the stock market and commodities are abandoned and the risk free bond market (Treasuries) gets very crowded (bond prices rise). And unemployment... really don't want to go there. Read Antal's piece of July 19, 2009 titled: The Federal Reserve as an engine of DEflation. Summarize it for me in an easy to read paragraph NLT tomorrow morning. That, Mr. B, is your assignment, should you choose to accept it. -g- professorfekete.com