HORACE GREELEY: “While boasting of our noble deeds were careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery.”
If you cared to look the signs of sub prime were noticeable in 2004-2006. I was worried of inflation as early as 2001; buying CPI floater bonds.
For most investors their money mangers and the government gave them this much time to react:
[youtube:http://www.youtube.com/watch?v=l2zHqfPn4gs 450 300]GW buys EME @ $26.88 and kicks out 1/3 SNHY @ $36.63….Considering SY, DRYS, CHK under $50, HK under $35, and PVA under$60…
GLT
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