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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (91617)11/26/2009 10:08:11 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Jeez, but of course. Some of them, money center banks in
particular, are direct recipients of printed money. Their
robots are the PPT. It all depends on policies, so far the
policy is to bail them out at our expense. -g/ng-

The problem I see now is that we are still broke, so banks
are suffering more insolvency and losses. Another bailout will
be politically extremely difficult. However, the Fed can still
do it, they belong to the banks.

If these policies are pursued to the very end,
things shift toward hyperinflation. The situation will
get extremely bad for the average Joe, yet, financial
speculators will make all the money in this economy
(as it was the case during 2003-2007 bull, by the way)
Until these bubble blowing policies are halted, that is. -ng-