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


To: Real Man who wrote (57052)2/17/2015 10:15:16 AM
From: Tommaso  Read Replies (2) | Respond to of 71400
 
While I do not believe that the Fed buys stocks or supports stock markets directly, it does seem to use stock market levels both as a measure of what needs to be done and as a measure of its success in managing the economy. I wonder if this is a consequence of Bernanke's status as an historian of the Great Depression, the onset of which was signaled by the great stock crash of 1929. Of course, debate over whether or to what extent the 1929 crash helped cause the Depression continues. But in historical memory it is certainly associated with it.

So if you prevent a market crash, you prevent a depression.

Analogies are always misleading, but this is like thinking that if you cover the termite damage to your house with enough duct tape, all is well.



To: Real Man who wrote (57052)2/17/2015 12:10:24 PM
From: ggersh  Read Replies (1) | Respond to of 71400
 
The "Greenspan Put" is like our food of today, it never goes bad. -nfg-

20-Year-Old Quarter Pounder Looks About the Same

AUSSIE MATES PROMOTE AGING BURGER FOR CHARITY

By Neal Colgrass, Newser Staff
newser.com
Posted Feb 16, 2015 6:13 PM CST

(NEWSER) – Wonder how long a Quarter Pounder with cheese can last? Two Australians say they bought a few McDonald's burgers for friends back in 1995, when they were teens, and one of the friends never showed up. So the kid's burger went uneaten—and stayed that way, Australia's News Network reports. "We’re pretty sure it’s the oldest burger in the world," says one of the men, Casey Dean. Holding onto the burger for their friend "started off as a joke," he adds, but "the months became years and now, 20 years later, it looks the same as it did the day we bought it, perfectly preserved in its original wrapping."

Dean and his burger-buying mate, Eduard Nitz, even took the burger on Australian TV show The Project last night and "showed off the mold-free specimen," News 9 reports. The pair offered to take a bite of it for charity but were dissuaded by the show's hosts. They've also started a Facebook page for the burger called "Can This 20 Year Old Burger Get More Likes Than Kanye West?" that has more than 4,044 likes as of this writing. And they're selling an iTunes song, " Free the Burger," for $1.69, and giving proceeds to the charity Beyond Blue, which helps Australians battle anxiety and depression. (A few years ago, a man sold a 20-year-old bottle of McDonald's McJordan sauce for $10,000. Here's why Mickey D's food seemingly never decays.)