[lbo-talk] An Orgy of Speculation?

[123hop at comcast.net]

Also, keep in mind that this is almost an election year and that they will do everything humanly possible to keep the shit from hitting the fan before Nov 2012.

Course, that didn't quite work for dubya.

j.

----- Original Message ----- 
From: "brad" <babscritique at gmail.com> 
To: lbo-talk at lbo-talk.org 
Sent: Thursday, March 3, 2011 2:35:47 PM 
Subject: Re: [lbo-talk] An Orgy of Speculation? 

However, the Financial Times had a story just yesterday about how US 
manufacturing is growing due in part to the lower US$. True there is 
always speculative bubbles when you have a loose monetary policy, but 
the fact that US corps are sitting on record amounts of cash would 
also lend to speculative bubbles. The stock market does seem to be 
completely detached from the real world lately and I have already 
expressed my thoughts on the role of speculation in commodities (which 
are a type of hedge against the economy overheating due to a bubble). 

Brad 
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