THERE IS VERY LITTLE THAT IS NOT KNOWN ABOUT THE MARKETS AND THE ECONOMY...
WE KNOW BERNANKE WILL KEEP CUTTING RATES UNTIL WALL STREET RESUMES "BUBBLE MODE"....
WE KNOW THE FOREIGNERS WILL KEEP DUMPING THE DOLLAR...
WE KNOW THE HOUSE BUBBLE IS OVER...AND THE HOME EQUITY ATM IS CLOSED....
WE KNOW THAT COMMODITIES WILL GO UP FOR VARIOUS REASONS...HIGH DEMAND FROM ASIA...AND THE WEAKER DOLLAR BEING THE MORE OBVIOUS...
WE KNOW THE DEMOCRATS WILL CONTROL WASHINGTON IN 2009...AND THE PROGRESSIVE AGENDA WILL BE ENACTED...INCLUDING TAX HIKES ON THE MEGA-RICH AND NATIONAL HEALTH CARE FOR ALL....
WE KNOW THAT IRAQI'S AREN'T REALLY ACCEPTING THEIR "OCCUPATION," EVEN IF THEY ARE STILL ACCEPTING MONEY FROM WASHINGTON...
WE KNOW THAT BUSH AND CHENEY ARE INCOMPETENT...POSSIBLY INSANE...WAR CRIMINALS...
WE KNOW THE TOUTS ON WALL STREET WILL KEEP THE MARKETS AFLOAT ON A SEA OF NEWLY PRINTED MONEY...WHICH WILL BE HERMETICALLY SEALED INTO THE PAPER ECONOMY BY THE FED...AND THE NATURE OF THE GLOBAL ECONOMY...
THE CONCLUSION:
WE'LL HAVE MORE MONEY...BUT IT WON'T BUY AS MUCH...
AT BEST A MILD INFLATION...AT WORST STAGFLATION...
AT VERY WORSE THE AMERICAN PESO MAKES THE US THE FIRST POST-INDUSTRIAL BANANA REPUBLIC...
