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


To: Gib Bogle who wrote (54928)9/13/2009 4:18:43 AM
From: NOW  Read Replies (1) | Respond to of 218074
 
my defending skeeter's post as not nutty at all is the same as claiming something? get a grip



To: Gib Bogle who wrote (54928)9/13/2009 4:35:54 AM
From: elmatador  Read Replies (2) | Respond to of 218074
 
Obama got an US on its return to its natural size. It is beyond his capacity to arrest that. His job is to manage that return.

Several past presidents have used the FED and the USD to postpone the return to the natural size.

Nixon managed that by taking the US out of the Gold Standard.

P Volcker inaugurated fleecing late on the 80s. That allowed Reagan -when Americans had already settle to return to their natural size- came with his idea it was morning in Amaerica and went from some Moon bean ideas of 600-ship Navy, Star Wars etc.

Once fleecing other countries by creating conditions for capital flights -the last was 1997/98 Asian meltdown- the US started to go bubble after bubble.

Today there is no alternative anymore. No fleecing neither bubbles.