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

To: Elroy Jetson who wrote (102243)	9/20/2009 6:16:09 PM
From: studdog	1 Recommendation Read Replies (1) \| Respond to of 116555

Elroy, I'm with you on almost all of your points. but something is disturbing to me, you said: "Those whose wealth consisted of inflated assets will also find their standard of living greatly reduced. But they will have the ability to invest on a more sound basis, rather than placing bets in a heavily debt-ridden casino." I would have expected that by now we would have closed the casino and a more sane stock market would prevail, but the casino appears to be open and going full throttle. The liquidity being forced into the economy appears to be going into a"mo-mo" stock market and we have heard that song before. SD