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BS: Crash of U.S. Economy

Donuel 23 Feb 10 - 09:05 AM
Amos 23 Feb 10 - 10:23 AM
Riginslinger 24 Feb 10 - 08:29 AM

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Subject: RE: BS: Crash of U.S. Economy
From: Donuel
Date: 23 Feb 10 - 09:05 AM

A second correction is still due the stock market which corrently only reflects the trades of large banks and hedge funds to make the market appear sound.

The second correction/crash will follow about the time enough 'people' start to buy into to the total recovery myth and plug some capitol back into the market. It will be a classic gotcha again scenario.

The actual value of stocks is still about 20% (or more) too high.

imho


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Subject: RE: BS: Crash of U.S. Economy
From: Amos
Date: 23 Feb 10 - 10:23 AM

Rig:

Sometimes you just have to read as is writ.


A


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Subject: RE: BS: Crash of U.S. Economy
From: Riginslinger
Date: 24 Feb 10 - 08:29 AM

Well, I will say that I think Milton Freidman has been totally discredited, but the right-wing-wakkos still hold him up as an example. I wonder what Krugman thinks of that?


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Mudcat time: 18 May 12:17 AM EDT

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