Is he onto something?


I’m sure the prediction is true, not sure of the methodology though!

an excerpt:

To summarize: we will either find out that Ben Bernanke never had any big guns or tools, and the US economy will scratch the gutter -using the heads of the poor to do so-, or the Fed will come out cannons ablazing, but then they’ll still have to use taxpayer money. They, and you, can’t win this one, unless truly spectacular growth rates will emerge out of the blue, preferably no later than tomorrow morning. Which are impossible without huge rises in homes sales and job creation, neither of which are even beyond the horizon.


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