capitulation day
+131...
...the runaway train went over the hill...
...an she blew!..
...here in palookaville the train has left the station...
...unfortunately it's journey has been delayed...
...the engineer had prepared the passengers for all eventualities...
...tickets had been purchased well in advance...
...with money that had been created by the palookaville fed itself...
Down Week for Freight Traffic on U.S. Railroads
THE WRONG KIND OF 'FLATION
...the train is now not expected to reach it's destination...
...the wrong kind of money...
...has caused deflation...
...which in turn has bust the nation...
...but folks will still expect inflation..
...leading to a conflagration...
bloomberg : ..."Deflation was the growing concern for investors in 2008 as government bond yields fell to historic lows in December, the Reuters/Jefferies CRB Index of commodities tumbled 53 percent since July and home prices plunged 18 percent amid a deepening recession. Now, the bond market is saying Federal Reserve interest rates at zero percent, President Barack Obama’s $819 billion planned stimulus package and $8.5 trillion of U.S. initiatives to revive credit markets will reignite inflation."
“When the Fed gets finished here they will have an inflation nightmare on their hands,” said Mark MacQueen, who helps oversee $7 billion as co-founder of Sage Advisor Services Ltd. in Austin, Texas. “There is a lot of downside in conservative government bonds.”
SEESAW MARGERYDAW
market ticker : ..."If you're wondering why the stock market had its worst January on record, you need to talk to Treasury about its extraordinary issuance of debt that is crowding out money in the stock market, along with the government's scaremongering. And if you're wondering why we had a crash in September and October, go talk to Bernanke, who intentionally drained the slosh in the system as Congress was debating the EESA bill - a quite-transparent (and successful) attempt to cause a massive stock market sell-off to support what he and Paulson wanted - $700 billion in taxpayer funds for their banker buddies and suppression of Treasury yields."...
petey :
...rumour has it that...
...bonds aint what they used ta be...
...
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