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On The Importance Of Exit Strategies...
Because we all need one sooner or later.
via Grant's Interest Rate Observer
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Bernanke has painted himself into a corner... with very few ways out... let the entertainment begin as he tries to extricate himself without messing up his 'newly painted economy'.
He's not going to try.
speaking of exit strategies - it is a good thing that Goldman has gotten out front of rumors that it was somehow connected to Galleon's current issues
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6463158/...
Absolutely hilarious. Problem is, the only "exit strategies" available each involve a lot of economic pain and hardship.
My favorite exit strategy is the pullout method. You know, a sudden withdrawl of stimulus at the moment right before inflation explodes inside the economy. I hear its a very effective method.
AKA the "Pull and Pray"
oh you mean like coitus interruptus as a birth
control method?
rhythm..long and slow
The mind is an amazing thing when the graphics agitate..
lol
As the old adage goes, it's effective until it isn't. Many people have come to term with that method (and I mean in all senses of the description).
Nice!
Stimulus interruptus. I've heard it can be effective, yet difficult to time so as to maximize pleasure and minimize explosion. Seldom performed to perfection, it typically results in either lack of satisfaction or delayed, but full-on inflation
Ok, I am a novice but - if they use money market funds, borrowing from us, the people, then swap with worthless derivative - then the market crashes, won't our money market funds disappear? AND, if the banks, like DB and Barkleys become worthless, then the shorting ETFs will not payout. EVERYBODY LOSES right?
can anybody expand on this or am I wrong here? TIA
Correctomundo my friend....this is another version of the double dip. You bend over and they get a double dip!
I think that's the biblical sin called "Onan"
Onan was pracising what today would be called coitus interruptus.
I was telling some friends about this freaking awesome website that is way over my head called, Zerohedge, and then I realized I was breaking the first two rules of Zerohedge.
Doh!
My exit strategy- Cafe Risque next exit 5 miles.
Gotta love Georgia!
Bernanke has no exit strategy. It should be painfully obvious going back to the late 1990s that the Fed has one strategy and one strategy alone and that is to ease.
These are not stupid men and women. They understand what's ahead. The only way they could play the hand last year was to ease AND HOPE (there's that word) that somehow organic growth would return. It hasn't and so now the game is to put off the inevitable as long as possible. That's all there is to it. There is no exit strategy. They're not screwed though. We are.
http://media.photobucket.com/image/recent/tadamz/d85d4440aa0496700424199...
That definitely looks like Ben Bernanke finishing off the US Economy.
Frickin' G-damn Zombie clowns running the Fed!
They Fed on the remains of my country.