http://feedproxy.google.com/~r/zerohedge/feed/~3/tuRiQYa9jnE/bob-janjuah-central-banks-are-grossest-misallocation-and-mispricing-capital-history-mankind
A few comments,,,,,,
Landotfree
Landotfree's picture
It's the Fed's mission to extend the timing of the collapse as long as possible, it is also their mission to make the system as large as possible before the collapse. The Fed will not stop until the system has reached max potential, at which point there is nothing further for them to do.
It's a little late for everyone to be crying now.
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Tue, 09/18/2012 - 07:51 | 2806400 Quinvarius
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S&P 800? The bankers have 80 billion dollars a month and all the free credit in the world, being leveraged at 40 to 1 saying that ain't gonna happen. Put a 2 in front of the 8. I don't even like the economy and I am saying that. You cannot have a banking panic in this free money to banks environment. No banking panic, no collapse.
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Tue, 09/18/2012 - 08:09 | 2806434 fonzannoon
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the inflationary pressures on margins are going to crush earnings. not that they matter....
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Tue, 09/18/2012 - 08:10 | 2806436 LawsofPhysics
LawsofPhysics's picture
No collapse? No clearing of bad debt? Okay, hyperinflation and war it shall be then. Some things never change.
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Tue, 09/18/2012 - 08:12 | 2806442 bigdumbnugly
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i agree, Q.
except the day they take the free money away... of course they'll be positioned beforehand for that scenario too.
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Tue, 09/18/2012 - 07:59 | 2806413 Peter Pan
Peter Pan's picture
What do you mean by "attempting" ? i could have sworn they have achieved it. If this isn't the worst, please advise which attempt in history was the worst.
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Tue, 09/18/2012 - 08:06 | 2806423 GetZeeGold
GetZeeGold's picture
Yeah....that's a solid tick in win column....can't wait to see what they try next.
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Tue, 09/18/2012 - 08:20 | 2806462 buzzsaw99
buzzsaw99's picture
yeah, i have some charts and graphs. game over, the bad guys won.
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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