Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Dick Bachert

Like with most bubbles there is a convincing rationale at the beginning for investing in it. There is a convincing case to be made for a coming massive inflation, and not just in regard to dollars. In all currencies.

But often when something becomes a sure bet it’s time to make sure that you know where the exits are. That doesn’t mean it’s time to leave yet. Markets can be irrational far longer than you can stay solvent if you bet against them.


16 posted on 11/27/2009 3:50:40 PM PST by Pelham ("Badges?!! We don' need no stinkin' badges!!")
[ Post Reply | Private Reply | To 12 | View Replies ]


To: Pelham

Yup.
They have to cover so much bad debt with bad paper, this could go on either until the whole damn thing collapses or the revolution begins.

Either way, gonna be a very bumpy ride.


18 posted on 11/27/2009 3:53:15 PM PST by Dick Bachert (THE 2010 ELECTIONS ARE THE MOST IMPORTANT IN OUR LIFETIMES! BETHERE!!!)
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson