Sunday, May 31, 2009

Keep the Bubble Inflated as there is no Alternative Plan

Hedge Funds worried Obama's moves could backfire

U.S. government efforts to revive a sluggish economy have cheered markets since March, but some of the most successful investors around worry these moves may only make the bad times linger.

Posted by dire straits @ 12:52 AM (311 views)
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One thought on “Keep the Bubble Inflated as there is no Alternative Plan

  • “The basic strategy appears to be to try to bring us back to 2006 by propping up asset prices and reflating the popped credit bubble” is this what people want and eventually get even more into not paying their mortgages. People do not want speculators in their houses just for the sake for some to get rich.

    Europe policy to favour business and working people over speculators: http://bloomberg.com/apps/news?pid=20601087&sid=auSc.LIXYC4Y&refer=home

    Obama needs to do the same and get back to real economics.

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