user225084-justme

Why Interest Rates Will Almost Certainly Rise in 2010

On Dec 25 04:21 PM Proxima wrote:

> Given the insane level of US government spending it seems that the
> current administration wants to collapse our currency and economy.

There are many people who are missing the point. The problem was not that the US government was borrowing too much money, but that the US private citizens (and corporations) were borrowing too much money.

The following linked graphic will illustrate the facts:

market-ticker.denninge...

The US private debt dwarfs the US public debt, several times over.

With 75bp Cut, Fed Becomes the Most Aggressive Central Bank

Kathy Lien always gets excited when there is an opportunity to argue that the USD is going down.

Not that there is anything intrinsically wrong with that, but on the other hand be aware that she has never posted an argument that USD would rise, even in the last 3 months when it rose 20% against some currencies.

In other words: Bias alert !!

Time for Global Coordinated Easing

I'm not surprised ;-)

Time for Global Coordinated Easing

Translation: Kathy Lien is short dollar and wants Bernanke to reduce the interest rate to 0 so that she will get a chance to cover her position.

This article contains an extraordinary amount of mumbo-jumbo and nothing concrete about anything. I'm nor surprised.

Dollar Goes Down Along with Bailout Plan

And today, the dollar is up yet again, this time even against the YEN.

Dollar Goes Down Along with Bailout Plan

Kathy Lien is wrong AGAIN. Today the dollar rose against all major currencies with the lone exception of the Yen.

What was that misleading headline again? Oh, yeah,

"Dollar Goes Down Along with Bailout Plan"