tag:blogger.com,1999:blog-4461826674236591951.post6950780734609601339..comments2023-10-28T01:49:46.309-07:00Comments on Economics, Financial, Historic Trends and Commentaries: Everything Else is Negotiable... The Negotiable...http://www.blogger.com/profile/04129109858371805563noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4461826674236591951.post-24880565740630556872008-11-29T04:04:00.000-08:002008-11-29T04:04:00.000-08:00Ax... “Panics do not destroy capital; they merely...Ax... <BR/>“Panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works.” If the government creates another bubble, on the ashes of the old one, then everyone will suffer. The truth of the matter is the credit may well be available, but this time, a portion of the population will not have teh credit scores to qualify... Why should lending institutions put their heads into the lion's mouth?https://www.blogger.com/profile/04129109858371805563noreply@blogger.comtag:blogger.com,1999:blog-4461826674236591951.post-54953158876022025262008-11-28T08:23:00.000-08:002008-11-28T08:23:00.000-08:00TC, as to the reason for the rally, that is negoti...TC, as to the reason for the rally, that is negotiable. Maybe Obama's team, maybe short covering and electronic trading too. We'll see. Either way, these actions will be hyperinlationary and agreed, providing the American consumer with credit is akin to methadone clinics for heroin rehab.AXhttps://www.blogger.com/profile/03884523657411376448noreply@blogger.com