Thursday, March 19, 2009

And the Prestidigitizer goes hummmm.....

WOW! U.S. $1.15 Trillion in "quantitative easing". Neat term that.

Can you hear yourself think over the roaring of the printing presses? First came the U.K., now the U.S. Next up? If you guessed Canada, you would be correct.

Can mark to market changes be far behind?

Oh yes, and Gold spiked $60 an ounce since yesterday. Somebody a little nervous?


  1. Response to the prestidigitizer is swift;

  2. If I hear one more person slag the worker on the line for our woes...I would say understand this- short-selling; credit-default swaps; individual and corporate abuse of power. linda.