ajtj99's Market Pulse

[rich ruscio]

aj,

You wrote:
"One should hope HFTOM prevails if we are to have any control over our economy during the next 5-years."

Perhaps. One side effect scenario has to do with health care costs. If US health care costs could be plausibly thought to be moving towards rest of world levels, there alone is a prospect of multi-hundred billion $US per year savings, that would be useful towards US balance of payments leveling, and maybe one or two other currency saving things.

If we could "lose control" enough to convince the politicians to scare the hell out of their constituents enough to get the legislative and regulatory work done for that savings, it might be worth it.

It might also be the event for the market heart attack in 2008/9.

Smaller scale savings likely is the spending on Iraq / Afganistan.

Just wishful thinking, maybe.

rr