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Quote of the day....

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_nova
Super Contributor
There is a chance that housing prices could fall, but its effect on the economy will be limited. (Alan Greenspan, 2005)
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11 REPLIES 11
101bn
Contributor
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venice
Super Contributor
Limited to disaster
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Not applicable
alan greenspan had 8% to fix his economy in 2003 poor benanke has 0.5 % to fix his economy with wonder what will happen this time around will they go the negative figures they are talking about going to zero
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_nova
Super Contributor
Cant' help myself, today feels like a multi quote day... "The budget should be balanced. Public debt should be reduced. The arrogance of officialdom should be tempered, and assistance to foreign lands should be curtailed, lest Rome become bankrupt." (Marcus Tullius Cicero 106 BC to 43 BC)
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_nova
Super Contributor
...and... "Yes, we did produce a near-perfect republic. But will they keep it? Or will they, in the enjoyment of plenty, lose the memory of freedom? Material abundance without character is the path of destruction." (Thomas Jefferson)
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Wizard
Super Contributor
Technically they have gone to negative figures, by printing money away!
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Not applicable
the USD bubble is going to explode why do you think the forex traders are hiding behind yen, the yen is now 92.67 and increasing in value every day slowly against the usd and euro
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Wizard
Super Contributor
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louisg
Super Contributor
Momentum, add US treasuries to your bubble list. They are effectively yielding 0%. That's simply not sustainable.
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Not applicable
agree fully, YEN is now 92.15, waiting patiently for a huge boom
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PaulC
Super Contributor
I cant remember the author of the quote but it went "Is the opposite of progress congress?"
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