THE INFLATIONARY EFFECTS OF THE WEAKER DOLLAR WILL FORCE THE FED TO RAISE RATES BEFORE THE END OF THIS YEAR...
NO MATTER WHAT THE REAL ECONOMY CONSEQUENCES...
SIMPLY PUT THE ASSET SPECULATION GAME IS OVER...IT SHOULD NEVER HAVE BEEN ALLOWED TO GO ON AS LONG AS IT DID... GREENSPAN WAS NEGLIGENT IN HIS DUTIES AS FED CHAIRMAN...
THE BUBBLES WERE ALLOWED TO DEFINE THE US ECONOMY...AND NOW THE TIME HAS COME TO PAY THE PRICE...
AND THE PRICE WILL BE PAID...NOT ON WALL STREET WITH STOCK VALUATIONS "ALWAYS GOING UP" BUT RATHER ON MAIN STREET WITH HIGHER REAL ECONOMY PRICES ON EVERYTHING...!
THIS ISN'T GOING TO BE OVER TILL IT'S OVER...
AND IT'S STILL A LONG WAY DOWN...
