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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?


To: John who wrote (6111)10/6/2010 8:14:06 AM
From: westpacific  Read Replies (1) | Respond to of 26251
 
Expect many more a flash crash; the Goldman Beast Supercomputer 10 levels below the ground and linked directly into the NYSE has failed before...

No currency wars just lead to real wars and I do expect at some point not too far the dollar and stocks will both drop in unison.

The FED knows we are in or close to being in a Depression; these on historic basis have taken 20 years from stop to end. This one started in 2000 and ends in 2020. We are only half way home and look at the mess; which Central Banks continue to make worse by taking out the fear factor.

We watch and we wait; but to not expect a fairytale to be created by the FED nor any other Central Banker.

West