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Santelli invokes the year.................

jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
1929

"when the rug of liquidity was pulled from underneath the shoeshine boys.....................just like Europe now..........."

"makes the US look all that much better......"

"I'm not sure what a default means now, to the financial markets.................."

hmmmmm. I'm sure we'll be finding out the answer to that one at some point.
Q: Are You Printing Money? Bernanke: Not Literally

I knew it would happen.

Comments

  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    currency devaluation is nothing more than a slow motion default that may or may not reach bottom.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    "If I had a son he would look like Rick Santelli."
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