Originally posted by hloc:
Andrew didn't consider that the rest of the world would not want
another World Wide crash again...... Which is what the few of us is
saying, that the rest of the World will try to prevent another
crash by supporting the market.
The [b]Feds had already did what was deed impossible a few
years back..... by doing an emergency rates cut..... and they, with
the rest of the Worlds Govt, would do more again to prevent another
crash.
If the 'Experts' knows everything...... the US
Banks wouldn't be having the Sub-prime crisis now, would they.....
And Andrew would be a millionair
because he is SOOOO Correct all the time.....
[/b]
I don't want to become Andrew's self appointed defender. I do
not believe I posses sufficient expertise to argue intelligently on
these matters for one side or the other.
I'll just say I don't believe the Experts, the US banks, the World
banks and the American Federal Bank necessarily have the same
points of view or the same objectives. And I'd like to consider all
points of views and see the arguments for them all.
