|
Posted by shortT on May 9, 2008, 12:15 pm
wrote:
> > Does it mean that back in 1998 he thought he was wrong?
>
> > shortT
>
> He was right, there was a downturn due to big hedge collapse. . .
> guys like Soros are so dam modest they see anything short of
> a complete imploding as a bad call.
>
> I don't agree with Georgie on the oil or commod boom, we will
> likely see 10 years of rising or stable commod prices, bush has
> screwed the dollar and perhaps the world.
>
> AIG today confirms the credit crunch is still in high gear and this
> bear market squeeze will evap just as mysteriously as it showed
> upward pressue.
Thanks BH. Makes sense.
It will be interesting to see what will happen after the election.
shortT
|