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To: Hydroshock; Calpernia; All
Global liquidity is drying up. The primary use of liquidity in the past five years has been loans to purchase real estate. Easy lending and low interest rates caused housing prices to escalate at 20% + rates in the U.S. That is all over now. Add to the mix the fact that there also is a Global Stock Market Bubble. .. Are you naysaying freepers getting the picture, yet?

Wait a few months. People may begin to wake up around here by then. But naysayers will throw out taunts to the bitter end. They have no other way to view the world except through rose colored lenses. But a few astute people are aware of how miserable things are under the surface. Seems that the conservative New York Post is getting pretty disgusted with people playing games with employment statistics. They were castigating Bernanke for his HIGH RISK mistakes. [Learn More?].. Hopefully, people will continue misread the economic news until after the elections in November.

Then all hell may break loose. Does the term "stagflation" ring a bell?

36 posted on 07/06/2006 8:17:02 AM PDT by ex-Texan (Matthew 7:1 through 6)
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To: ex-Texan

Your post just goes to show, pimpdaddies never change!


78 posted on 07/06/2006 11:10:42 AM PDT by Petronski (I just love that woman.)
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To: ex-Texan
.. Are you naysaying freepers getting the picture, yet?

LOL!

92 posted on 07/06/2006 11:43:39 AM PDT by Toddsterpatriot (Why are protectionists so bad at math?)
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