[durasell]

This is very bad stuff. Nothing to be "giddy" about. And he's only repeating what others, like Paul Volcker(SP?)have been saying for a year or more.

[norton]

"Friends are so alarming, My lover's never charming.."

Boy, or not, do you have problems.

[rdcorso]

This guy Roach isn't a dummy.I have read his stuff for the past two years and he has been consistent but bearish,especially on the dollar and bonds.I agree with him that Greenspan will go down in history as the worst federal reserve chairman ever.Bubbles are bad for the economy and that is all Greenspan does is make bubbles.The tech bubble was tiny compared to the real estate, bond, and debt bubbles that touch millions more people.Artificially low interest rates created a borrowing binge that drove up housing prices to record levels.All bubbles must pop and when the next ones do we will be in a world of hurt.It's not something you blame the president for just like Clinton shouldn't get credit for the booming 90's.It's the entire system that needs an overhaul.We can't survive with a culture in Washington that spends like drunks and thinks it can print more money to pay for it.They are debasing the value of our dollar and we need to get them under control.I hope Roach is wrong but I bought gold and silver and companies that produce it back in 2002 partly after reading articles along the lines of what Roach is saying.We need to put a limit on how much the politicians can spend and how much money they can print or we will definitely go down eventually.