Friday, June 5, 2009

TALE OF TWO ECONOMIES: REAL vs. PAPER...!

THIS IS SIMPLY THE EARLY BUBBLE DAZE REVISITED...

ONLY THE REAL ECONOMY IS STILL STUCK IN THE DITCH...

THE FED HOPE IS THAT MONEY WILL COME BACK INTO THE REAL ECONOMY VIA STOCK AND PAPER ASSET PRICES...PER USUAL...

BUT THE CREDIT MARKETS ARE TOTALLY DESTROYED NOW...UNLIKE SAY 1999 OR 2002...

THE FED IS PUTTING GAS IN A CAR THAT DOES NOT HAVE AN ENGINE...!

THIS TALE OF TWO ECONOMIES COULD LAST FOR A LONG, LONG TIME...

THE ONLY QUESTION IS WILL GAS AND GOLD GIVE THE BERNANKE ECONOMY A LATE TERM ABORTION ....BEFORE ANYTHING VIABLE DEVELOPS...?

DASHING THE FED HOPES?

RIGHT NOW THAT LOOKS VERY POSSIBLE...

THE REAL ECONOMY IS A BASKET CASE...AND GAS IS SOARING...WHICH IS BAD EVEN IF THE "WEAK DOLLAR" BULLSHITERS THINK THE DOLLAR IS A-OK...

BUT BULLSHIT IS ALL THAT MATTERS NOW...

THE DATA AND THE REAL ECONOMY ARE OPTIONAL TO THE RALLY.