- The final plan is out..
- when any quick fix does not pack a punch , double its size, now 700 billion whats next ? 2 trillion?
- David announce in CNBC the banks are so afraid of lending they took out 10% of the 700 billion package in terms of commercial paper in 2 weeks...
- Iraq starts buying
- wachovia bid war
- china green cars.... alternative energy is in play
- preparing for worst?
- Blame short sellers?
- synopsis
- BnB nationalize
- Rating agencies at work
- a study of the plan-no factual basis or justification!!!!!
- If they pass the bill, we wil see a mixed signal in dollar holders, as they go in stages the first stage will almost see a run in the dollar as the need to cut rates have to be put on hold and be replaced by higher interest rate to replace the flow of money pumped in the system.
- Most government are prim proping their own financial system, please note that asia banks have very small USD denominated assets. Contagion will be limited in the asian financial system, the size of US writedowns and foreclosure easily doubles the total of Europe's
- Growing demand in gold
- Shortage in the gold
- A scheme to debase all together to protect the dollar
- Seems like they are going to approve the bill
- They will have power to increase rates, they are going to have to raise the rates.!!but they wont have the balls to raise the rates, most likely hold it thru.
- Nz trade deficit, milk sudden demand boost will push the deficit down further.
We are all waiting for the path to clear before taking actions, holding cash and staying sideline is KING, and yen looks attractive as the surrounding carry trade unfolds back to the dollar.
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