SPECULATION ON THIS LEVEL IS SELDOM SEEN...
INDEED BACK WHEN WE HAD "GROWN UPS" RUNNING THINGS THE WALL STREET SPECULATORS WOULD BE SCOLDED PUBLICALLY BY FED OFFICIALS AND OTHERS...
NOT TODAY...
TODAY THE FED WHORES FOR WALL STREET... THE FED FEEDS BUBBLES...ONE AFTER ANOTHER...BECAUSE FRANKLY...IT DOESN'T KNOW WHAT TO DO WITH THE US ECONOMY WHICH IS DYSFUNCTIONAL IN THE EXTREME...
BUT I DO KNOW THAT BUBBLES DON'T LAST FOREVER...AND THIS ONE IS ONE OF THE BIGGEST YET...
IT WOULD NOT SURPRISE ME IF WE ARE SETTING UP THE MOTHER OF ALL CRASHES IN OCTOBER...
THE VERY NOTION OF MASSIVE ASSET INFLATION...IN THE FACE OF A PLUNGING CURRENCY...IS JUST UNPRECEDENTED...
THE CURRENT US FED WILL BE CONDEMNED BY HISTORY...AND BY THE AMERICAN PEOPLE EVENTUALLY...ASSUMING THE AMERICAN ASSHOLES EVEN KNOW WHAT WENT WRONG...THE MEDIA CONTROLS THE NEWS SO TIGHTLY NOW...THAT MOST AMERICANS ARE KEPT HYPED UP ON PARIS HILTON...AND BEN AND JEN...