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


To: Real Man who wrote (57170)3/10/2015 4:21:16 PM
From: ggersh  Read Replies (1) | Respond to of 71445
 
Could get a bounce around the 100-104 area, if I calculated correctly...

Happy Anniversary.....-nfg-

The day the markits arose from the dead


Happy 6th Birthday: The Day FASB Folded & "Mark-To-Fantasy" Was BornSubmitted by Tyler Durden on 03/10/2015 - 15:50 The captured corporate MSM is celebrating the six year anniversary of when the stock market bottomed in March 2009. They will spin a false narrative of Bernanke, Obama and Geithner saving the world with TARP, QE, and the $800 billion Porkulus bill. In fact, Bernanke and Geithner stopped the market from falling in March 2009 by threatening the accounting geeks at the FASB and forcing them to allow fraudulent reporting by the insolvent Wall Street banks. The crisis ended – precisely – on March 16, 2009, when the Financial Accounting Standards Board abandoned FAS 157 "mark-to-market" accounting, and Mark to fantasy was born.