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Re: davidc2 post# 71128

Thursday, 08/15/2013 4:45:21 PM

Thursday, August 15, 2013 4:45:21 PM

Post# of 146291
All hype from the media. This is nothing but a delayed summer pull-back that should have happened a month ago, but did not. With the right spin, big media will get its exaggerated sell-off by spinning problems that aren't evident. The crash prediction has been ongoing for 4 years and just keeps not happening.

The big problem I see coming has nothing to do with bubbles as I don't see a bubble anywhere. Just a steady 4 year climb up from the bottom with regular corrections. The problem will be the signal Obama sends to the markets depending on his appointment to replace Bernanke. Trust me here, Summers was one of the architects of the financial system that led to the 2008 disaster. He is advocating a return to the same. His appointment will lead to a real future bubble and another crash.

Stopping a run with a "fake wall."

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