from above article :
''The same fight that took stocks down nearly 17% in less than a month in 2011 is bubbling up again and it doesn't look like there's an easy solution.''
interesting to read...............the 2011 scenario that is in my mind has another supporter
always from above article :
''As Alan Greenspan said years ago, ‘it begins and ends with housing,’” Lutz concludes. “If we start losing control of rates all of the sudden what we’re going to have is a collapse in the housing market, GDP is going to start falling apart, employment, and then the collateral damage of consumer spending because rates are going higher.''
Bernanke is my favourite.......now he is going to leave.....................after the most possible damage is done.................by himself
Fantastic guy
Edited by andr99, 16 August 2013 - 12:28 PM.
