Thursday, November 27, 2008

Disgusting suckers rally - borrowed money to bail out failing banks invested by the lender

Disgusting suckers rally - borrowed money to bail out failing banks invested by the lender, hyped rally to lure in side line cash to drop faster than rocks - fooling and highly risky game which many should not be fooled into.

Many will be withdrawing 401k because they are out of jobs. We are not creating thousand/millions of jobs anytime soon except rhetoric of false hope of massive borrowed money which US has to interest. While those who have jobs will wait for markets to return, many will be withdrawing 401k -- Obama economy -- and will spend the money. That is the economic situation in which US is in -- at least well into 2009, with projected economic cycle bottom is in 2010 as shown on the cycle charts.

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