Rhodomontade

Meredith Whitney Threatens Severe Deflation For Your Portfolio

Does every ignorant, conspiracy-mongering, dunderhead with a blog get published on Seeking Alpha?

Let me explain something, Phil.

Derivatives and mortgage-backed securities and all this other overpriced imaginary financial alchemy are mirages of dubious value.

India cannot eat collateralized debt obligations. The Chinese cannot power their factories on auction-backed securities. Nobody is making fertilizer, jet fuel, and electricity out of Citigroup's "products."

Oil is a finite, precious commodity that exists in the real world. Energy and matter are reality.

You, however, live in the shadow world of financial alchemy, conspiracy theories, economic propaganda, and random walks through meaningless charts - which is why almost every single thing you write is invariably, colossally, and astoundingly wrong.