DID ANYONE THINK THAT THE CARRY TRADES WOULD LAST FOREVER...?
OR IS THE FED/WALL STREET THINKING SO SHORT TERM NOWADAYS THAT IT DOESN'T REALLY MATTER...
INTERNATIONAL CAPITAL MAY FINALLY DUMP THE STUPID AMERICANS AND MOVE ON TO ASIA OR EUROLAND...
THEY'LL LET THE AMERICANS WALLOW IN THE INCREDIBLE MESS THAT FREE TRADE, BUBBLES AND CARRY TRADES HAVE CREATED...
THIS COMES FROM HAVING A CENTRAL BANK MONETARY POLICY "AS IF" MAIN STREET DOESN'T MATTER...
IT DOES. AND IT WILL... ALAS, PROBABLY TOO LATE...
IT'S PRETTY MUCH OVER FOR THE DOLLAR EXCEPT FOR THE SCREAMING WHEN THE PUBLIC FINDS OUT THAT THEY HAVE BEEN DUPED AND DUMPED BY INTERNATIONAL CAPITAL...
WHERE'S JESUS WHEN YOU REALLY NEED HIM...?
ALAS, I FEAR THAT JESUS HAS LEFT THE BUILDING...