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Global "Credit Supernova" -- Turning 2013 Bull To Bear

Monday, February 11, 2013 - 5:32 PM
From MarketWatch.com:

Global ‘credit supernova’ turns 2013 bull to bear - Paul B. Farrell - MarketWatch

Paul Farrell is not exactly my favorite person; but I like his comments below:

"Unfortunately even Binder doubts his 10 commandments will ever become the law of the land. Maybe if the Bernanke Credit Supernova ignites the world in a giant fireball bringing down the global economy and financial markets. Maybe that Credit Supernova will finally wake us up.

Fat chance, we’re all just human. And humans will forget again, right? Remember how quickly we forgot Hegel’s warning: “What experience and history teaches us is that people and governments have never learned anything from history.” Never? Never."

  
5
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
1. Monday, February 11, 2013 - 7:39 PM
Congrats 51hh on exceeding 4k Rep points. It's more impressive than the Dow going through the 14k level.
2
ShorebreakShorebreak2,695 posts since
Apr 6, 2010
Rep Points: 14,611
2. Monday, February 11, 2013 - 8:16 PM
Thanks, SB.  I was just a bit more senior in this forum; but the rest of you (SB, Pearl, DD4U, Lou, et. al) contribute much more than I do. 

Thank you all, especially Ken, for making this forum so informative, entertaining, and friendly.
3
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
3. Tuesday, February 12, 2013 - 9:44 AM
51hh, congrats, now onward and upward to "51hh 5k"!
2
pearlbrownpearlbrown1,485 posts since
Nov 2, 2010
Rep Points: 6,454
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