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buyitcheap's
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This assumes a lot of inaction or continued manipulation - ultimately, hopefully not too late, an adults like Volcker (Romney/Ron Paul?) come in to undo this embarassing display of market "management" (aka save our Wall Street bonuses) by Paulson Bernanke and the rest of the loss monetizers and raise rates to 8-10% or higher and cut the disgusting growth of M3. That kills gold, rallies the dollar and that big flushing sound is all the holders of treasuries/CDOs, etc getting their collective @#( handed to them.
Jul 29 07:35 am
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All Comments by buyitcheap »Depression Survival Guide [View article]
problem is, unless an adult shows up, your scenario is disturbingly plausible. perhaps I will go long a Vespa scooter too...