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whidbey is a
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Whatever, the man is correct, we have a nasty ride ahead and equities they are not a place to be. I think flight to bonds will jack up the prices and it will be time to sell them. I suspect the bailouts of the financial group will require billions of newly printed money and interest rates will rise steeply. That is when the markets will suffer as housing goes down the drain, with the dollar following. All the Fed and the Treasury stand helpless by watching the inferno. Did I say oil will likely go up again? Good year to be an Australian.
Aug 24 19:13 pm
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All Comments by whidbey »Is the Bear Hibernating Already? Doubtful [View article]