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

To: westpacific who wrote (59937)	1/14/2010 7:26:59 AM
From: TobagoJack	1 Recommendation Read Replies (2) \| Respond to of 218478

<<Hong Kong HSI projecting 5500>> ... while i hope you are proven right, i cannot say i feel confident re the projection, and believe that should the target be hit, it would be hit for at most a few minutes before the paper papers over all <<Me thinks also that the coming Capital Flight and monetary inflation due to that collapse could take the US into the 15000 area...after an initial fall>> ... capital flight would not be heading to the usa. the carry-trade backflow may be mistaken for capital flight, stuffing paper back into banking system already full of paper. besides, the usa banking system is hardly a banking system (conduit / public utility for money flow) but a hedge fund malignant tumor growing on the tax-serf organism <<If the entire system does not seize up!>> ... dunno, hk operating on equity, and debt is not an issue at business, personal, nor societal levels, unlike usa social security / medicare / medicaid that are effectively off-balance sheet borrowings against future taxes, which, if put on the balance sheet gaap style gao.gov , would boost the number to mind-bending sum more appropriate to astronomy class and mwhodges.home.att.net is another way to look-see to see that the nearly bankrupt greeks do not know how to borrow as a culture, at least not personally debt-ly debt clock usdebtclock.org makes a good windows desktop :0) we are way beyond the point of no-return and near-enough to destination of game-over question: if a house in detroit can be bought for us$1, why should one in boston be any more? we will find out the answer at some stage ;0)