Thursday, February 12, 2009
Tim Swanson Can't Make Up His Mind on Treasurys
I am not mocking Tim, I really can't figure out what his thesis is in this piece. He does some sort of "I'm explaining what the Chinese official is thinking--no wait, this is Tim talking, no wait, this is Tim discussing Schiff's views" stream of consciousness. (I didn't get Finnegan's Wake either.) But as always, the photos Tim puts up are worth the click-through. For example:
Comments:
We are no longer internet friends!
I probably should have quoted the emails/IMs instead of numbering them off.
This coherently explains my position:http://www.youtube.com/watch?v=oHg5SJYRHA0
I probably should have quoted the emails/IMs instead of numbering them off.
This coherently explains my position:http://www.youtube.com/watch?v=oHg5SJYRHA0
I think Tim makes one huge assumption that undermines his entire line of reasoning. He assumes that the US government will not act any more stupid than it is acting now. Tim, Obama, Geithner and their crony's are just warming up the Stupid Train. Wait until they get underway and hit the first down hill run. This crash is going to be spectacular.
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