Birchtree
Well-known member
Re: Birchtree's account talk
"If the Fed/Treasury/Administration make good on their promises of borrowing, printing, and guaranteeing (forward liabilities) we're talking about roughly $13 trillion dollars here. Make no mmistake about it, there simply is no precedent at all in the entirety of U.S. experience for this type of stimulus as a percentage of GDP being thrown at the financial sector, credit markets, economy and financial markets. Will it have a positive impact on both the economy and financial markets for a time, both in real terms and perceptually. Without question."
http://www.financialsense.com Place Your Wagers by Brian Pretti 6/5/09
"If the Fed/Treasury/Administration make good on their promises of borrowing, printing, and guaranteeing (forward liabilities) we're talking about roughly $13 trillion dollars here. Make no mmistake about it, there simply is no precedent at all in the entirety of U.S. experience for this type of stimulus as a percentage of GDP being thrown at the financial sector, credit markets, economy and financial markets. Will it have a positive impact on both the economy and financial markets for a time, both in real terms and perceptually. Without question."
http://www.financialsense.com Place Your Wagers by Brian Pretti 6/5/09