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

To: Giordano Bruno who wrote (38789)	6/1/2011 9:47:40 AM
From: Real Man	Read Replies (2) \| Respond to of 71477

No, Ben can't print money to finance the government directly, if that's what you are asking, but laws and rules can be changed -vbg-

To: Giordano Bruno who wrote (38789)	6/1/2011 10:00:55 AM
From: ggersh	Respond to of 71477

Tyler sums it up perfectly. The Thundering Herd Of Wall Street Lemmings Begins To Move: NFP Forecast Cuts Galore Submitted by Tyler Durden on 06/01/2011 09:03 -0400 And so the thunderous herd of highly overpaid and always wildly inaccurate Wall Street lemmings better known as "economists" starts moving. Yesterday it was that paragon of the 0.000 batting average Joe LaVorgna who cut his NFP forecast from 300,000 to 225,000 (a number we expect will be cut to about 155,000 today, or indicative that little Joey was off by about 100% as usual), and today Morgan Stanley has already fired the reactionary salvo, trimming its NFP forecast for this Friday's number from 175,000, accompanied by Credit Suisse which cuts from 185,000 to 120,000. And these lemmings are paid 7 digit salaries why again? So far the most resilient is Goldman's Jan Hatzius, who just threw up all over the ADP number, but has so far refused to cut his NFP prediction of 150,000. We give him at most 48 hours before he does following today's upcoming abysmal CPI number.