gabe borenstein

The Beginning of the Endgame for Monetary Policy, Redux

For an expert who can not tell the difference between the FED lowering the FF and the FED lowering the rates(no such thing)Mr .Kedrosky continues to write some of "the end of the universe articles"
I would have settled for some warnings a year or two ago.
Humble me ,I have warned the investment community about the specific systemic risks during an interview with Mark Gilbert (Bloomberg -London).
In fact my ignorance compelled me to say during that interview"All of the economic forces point to a dramatic slow down ahead which will turn into a serious recession,with almost no tools left to abort that possibility".
Then my stupidity compelled me to reiterate the serious implications of the subprime issues on the economy and systemic risks that it represents on September18 ,2007 (Bloomberg TV -Brian Sullivan)
Then the lack of my economic expertise compelled me to adjust the portfolios of my clients(including Central Bank)to reflect my ignorant opinions.
Other than my clients, my prognosis was not a welcome conclusion.
Now that the U.S problems have been identified and are being addressed with mega bazookas ,all we need is some incremental time
for the measures to address the cumulative issues.
As the measures are applied ,we will see a major economic/financial rebound in a compressed period of time.
I have warned about the pending Armagedden ,but I am sick and tired of the comments like Mr .Kedrosky's which distort the risks without any solutions and create investors paralysis.
The author and CNBC would make a great tag team.
For simple me ,I will say the following ,we are short distance away from a major rally and economic rebound which will be fuelled by the record dollar inflows(flght to quality),as other economic regions head for their Armageddon-and they will.