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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (37132)4/13/2011 5:41:16 PM
From: benwood1 Recommendation  Read Replies (2) | Respond to of 71409
 
An interesting interview by John Mauldin, warning of chaos perhaps preceding the end of QE2, which he believes is a certainty (along with an eventual QE3 under a different name time time later).

johnmauldin.com



To: ggersh who wrote (37132)4/13/2011 8:20:43 PM
From: Giordano Bruno2 Recommendations  Read Replies (1) | Respond to of 71409
 
Our friends at Goldman Sachs alone received roughly $800Bn in loans from the Fed but what's more interesting is $220M worth of loans made to Christy Mack (wife of MS Chairman, John Mack) and her partner, who were given low-interest loans by the Fed in a brand new enterprise they set up to take advantage of the FREE MONEY. As Tiabbi points out, the interest spread alone would guarantee them millions in profits in a program he calls "giving already stinking rich people gobs of money for no fucking reason at all."

Lol, stranger than fiction.