IN 2009 BERNANKE GAVE US THE "CHERRY ON TOP"...
THE QUESTION IN 2010 WILL BE...WHEN DO WE GET THE CAKE...?
WALL STREET IS AWASH IN CHEAP MONEY...BUT IT IS ALL "TRAPPED" IN THE FINANCIAL MARKETS...
THIS HAS WORKED IN THE PAST...TO PROVIDE A GENERATION OF DAY TRADERS AND PENNY PLUNGERS IN THE SUBURBS...WITH ASSET BUBBLES TO "INVEST IN."
EVENTUALLY SOME OF THAT MONEY "SLOSHED" OUT INTO THE REAL ECONOMY...
OF COURSE BY THE TIME IT SLOSHES INTO THE REAL ECONOMY...AND THE PLUNGERS "GET SOME"...IT'S ALREADY A DANGEROUS ASSET BUBBLE ON WALL STREET...
THE PUBLIC ALWAYS "GETS IN" AT THE TOP...
NOW WHAT BERNANKE SEEMS TO BE HOPING FOR IN THIS DEPRESSION...IS THAT THE PLUNGERS WILL BE TEMPTED BY THE "BIG RALLY" AND COME BACK IN IN 2010...
REMEMBER...AMERICANS DON'T ACTUALLY "MAKE ANYTHING" ...EXCEPT ASSET BUBBLES...
THAT HAS BEEN THE HISTORY OF THE LAST 10 YEARS...AND WHAT...? 5 BUBBLES...?
SO...PER USUAL...WALL STREET HAS PUT THE "CHERRY ON TOP" WITH FREE FED MONEY...
NOW WHEN WILL THE SUCKERS COME BACK INTO THE ECONOMY....?
REMEMBER...CREDIT CARDS HAVE BEEN CANCELLED...OR LIMITS GREATLY REDUCED...AND MINIMUM PAYMENTS RAISED...ON ALREADY ABSURD 30%++ INTEREST RATES...!
CONSUMERS ARE "UNDER WATER" ON THEIR HOUSES...AND UNDER-EMPLOYMENT IS 17%++...
SO HEY, BEN....THANKS FOR THE "CHERRY"....WHEN DO WE GET THE CAKE...
CONCLUSION:
WE ARE IN ANOTHER FED INDUCED "ILLUSION"...THE FED HAS NOT PROVIDED AMERICANS WITH A PATH TO REAL PROSPERITY FOR MANY MANY YEARS...
BUT THE SMOKE AND MIRRORS...AND ASSET BUBBLES HAVE BEEN GREAT...!
YES, YES, I KNOW... THE BEARS ARE ALWAYS WRONG... UNTIL THEY ARE RIGHT...
AND THEN ALL THE RETAIL SUCKERS WANT IS TO: "COME EVEN."
WELL...ALWAYS BUYING THE TOP IS A BITCH OF A WAY TO "COME EVEN...!"
