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re: Banking Sinking Faster Than Gov Can Bail

Posted on 12/30/08 at 10:43 am to
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 12/30/08 at 10:43 am to
I just started reading Sester about two months ago, good stuff.
Posted by Rivers
Florida
Member since Nov 2008
3256 posts
Posted on 12/30/08 at 10:58 am to
Setzer is a sharp economist and it doesn't hurt that he is a member of the Council On Foreign Relations. That is a group of insiders that get info before most others, even Wall St at times.

Setzer has been worrying this capital flow problem like a dog with a bone for a long time. He doesn't give up on a thorny problem. I like that in a person. His comments today should be enough to frighten anyone with a lick of sense. He sure got my attention! I have not taken into consideration any extreme dollar weakness or the possibility of a dollar collapse, for at least the next two years. I Gotta rethink that now.
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