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To: Fiscally Conservative who wrote (93404)8/13/2012 9:14:28 AM
From: elmatador  Read Replies (1) | Respond to of 219476
 
"major wash out"

Could you please define what a major washout looks like? I am curious since I know washout from its road works connotation: heavy rain water sending down an embankment or destroying a road.



To: Fiscally Conservative who wrote (93404)8/13/2012 10:01:39 AM
From: KyrosL  Read Replies (1) | Respond to of 219476
 
I don't know about "major", given that the Fed has infinite money.