"Jush' one more lil' old bailout, barkeep. I promish this'll be th' las' one....honest. Af'r all....itsh a shystatic...slyspatic...systemic globul emergenshy!!"
My plan is easier:
1: Identify all liberals.
2. Dispose of them
Done.
Is there such a thing as a ‘loan-guarantee’ any more? Kudlow is out to lunch.
I have sketched elsewhere just how the IMF and/or World Bank will become the global "fed" for a new global fiat currency (albeit with a nominal or initial fractional gold backing). In fact, the currency exists as many already know.
tick...tick...tick...
Describe what you envision in terms of the consequence of non- intervention and Could you quantify the risk of a deflationary spiral and it’s consequences?
Kudlow still has on his East Cost, Wall St. blinders.
What can this possibly mean besides printing press money? Kudlow is using actual words but they are hollowed out of any true meaning. He might as well be just yammering word salad.
That is a very interesting statement. I used to consider Kudlow very conservative and “tell it like it is”. I really think that he has been corrupted by his employer...too bad.
Still have confidence in Santelli, but it is with skepticism. Anyone who works for CNBC has to be pressured to give the optimistic outlook.
Nothing about this is good for the retail investor...
What’s the “(barf alert)” thing mean?
“...and the global fear that economic recovery will be blunted.”
The Germans haven’t seen anything go screaming down in flames as spectacularly as the Euro since they were shooting down B-17s over Schweinfurt during the big War. The answer to the problems with the Euro is not unlimited lending but isolation of the worst offenders, mainly in Club Med.
Let’s see how Asia fares overnight...