No doubt that long term horizon is deflationary. Until they all capitulate to their losses though I think we'll see a lot of CBs caving to the size of the default. This pushes equity momentum back to the Bulls and we see things crack up until the credit crunch pulls it back underwater. Just my theory
They're upset because foreign countries sent subject to the same propaganda control. America has saved the free world in the past. Now America desperately needs the free world to save them. They can do this by simply stating: why isn't the emperor wearing any clothes?
No doubt that long term horizon is deflationary. Until they all capitulate to their losses though I think we'll see a lot of CBs caving to the size of the default. This pushes equity momentum back to the Bulls and we see things crack up until the credit crunch pulls it back underwater. Just my theory
They're upset because foreign countries sent subject to the same propaganda control. America has saved the free world in the past. Now America desperately needs the free world to save them. They can do this by simply stating: why isn't the emperor wearing any clothes?