Saturday, Aug 18, 2007
Why asset prices are just thin air and are now worthless
larouchepub (via Bull Not Bull .com: Panic in the air as finacial system implodes
The Fed caved in and reduced its lending rate and flooded the place with cash to bail out Countrywide et al. Big mistake. Fear has set in and no amount of cash is going to change sentiment in the market - just look at Nikeii down 5% on Friday. Greenspan the villain all along! It really is going to be a grreat show next week...
Posted by the capitalist @ 09:11 AM (156 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.