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To: Paxb2u who wrote (93787)9/5/2010 8:58:20 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
Mish is a writer, not an investor, so he can go on writing a permabear blog indefinitely. There is always an audience for that in good times and bad.

When they are wrong, they just claim that the crash is still coming and all the economic data is a fraud, etc.

Same game played out in 2003-2004 too.



To: Paxb2u who wrote (93787)9/14/2010 9:09:33 PM
From: SouthFloridaGuyRead Replies (2) | Respond to of 118717
 
SouthFloridaGuy takes the quick lead, with his global reflation call. Can Mish and the bear clowns catch up? Stay tuned!



To: Paxb2u who wrote (93787)9/15/2010 7:36:43 PM
From: John VosillaRead Replies (2) | Respond to of 118717
 
'One of you 2 guys (Mish or you) will probably be looking for a new line of work next year.'

And what if we have continued disinflation, very low interest rates and flat housing prices at best but a decent economy, rising stock market? What about a new economic boom with drivers no one is talking about in 2-5 years as the end game? I think the biggest risk as depression fades from memory is stagflation. But Mish could well be right in many respects but miss the recovery and next boom entirely.. I am surprised so little discussion these days on finding the next Dell or Cisco in a repeat of the slumbering weak economy of the early 1990's. Maybe just easier to buy a survivor like Micron Tech at a PE of four?