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BS: Crash of U.S. Economy
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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 |
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 |
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? |