Fixed income prices have erupted and folks wonder why. Those with a moment to spare can consult past posts for the answer. We recommend that exercise. Otherwise, we will distill just below.
Nothing is right with the US economy; old rules have been violated and clearing mechanisms discarded.
It all began when Paulson and Bernanke sold a bill of goods to Congress, which in turn sold the same bill of goods to its constituents. Normal working folk simply did not and cannot believe that incest exists on such a massive scale; such behavior is not tolerated on the farm and so they expect the same of financial types – big mistake.
So folk who should at this moment still be under house arrest, got away with it. And because the US economy was not allowed to clear itself of toxins, it is no more than the walking dead, ready to convert Street types and innocent bystanders alike, into crow bait.
Key for Q1 – the weather was simply camouflage.
Faith has been placed in planners and there will be hell to pay as a result.
Robert Craven
Nothing is right with the US economy; old rules have been violated and clearing mechanisms discarded.
It all began when Paulson and Bernanke sold a bill of goods to Congress, which in turn sold the same bill of goods to its constituents. Normal working folk simply did not and cannot believe that incest exists on such a massive scale; such behavior is not tolerated on the farm and so they expect the same of financial types – big mistake.
So folk who should at this moment still be under house arrest, got away with it. And because the US economy was not allowed to clear itself of toxins, it is no more than the walking dead, ready to convert Street types and innocent bystanders alike, into crow bait.
Key for Q1 – the weather was simply camouflage.
Faith has been placed in planners and there will be hell to pay as a result.
Robert Craven
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