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To: blam
The stock markets of the world are up as I post

Once they go down, it's really in the tubes. Consider that 12,500 in the market has the real value of about 9,000. Even as it stays up and the number of dollars increases, our net VALUE is down.

6 posted on 07/22/2011 4:28:39 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: trebb
Consider that 12,500 in the market has the real value of about 9,000

I agree with you. Anyone who can't understand that the stock markets are in a bubble blown by Ben Bernanke's billions [alliteration anyone?] is beyond hope. Usually, Fed funny money enters the economy through loans to business, but since no one's borrowing or lending, he's had to get it out through the back door.

The only takers have been Wall Street and the government which is thrilled to have Bernanke buy its bonds directly. It takes longer this way, but it eventually does its damage.

16 posted on 07/22/2011 5:26:17 AM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment. -- L. Von Mises)
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To: trebb

>>Consider that 12,500 in the market has the real value of about 9,000.<<

Thank you for the good news. I was figuring it was below 8k by now.


29 posted on 07/22/2011 8:32:51 AM PDT by B4Ranch (Allowing Islam into America is akin to injecting yourself with AIDS to prove how tolerant you are...)
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