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It reminds me of the Cold War. Only instead of Mutuallly Assured Destruction by megatons, the assured destruction is economic.

Considering how much everyone has to lose, maybe the situation really is quasi-stable after all? (At least for another few years.)

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Mar 29th, 2006 at 09:40:55 AM EST
[ Parent ]
What is the monetary equivalent of an anti-ballistic missile shield, and is it being deployed as we speak?

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Wed Mar 29th, 2006 at 09:48:59 AM EST
[ Parent ]
You can always launch a pre-emptive strike on your own territory.

I'd rate this as a silly Internet rumour, because gold is up all of 1.15% today.

But if it were true - that would certainly be interesting.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Mar 29th, 2006 at 05:21:28 PM EST
[ Parent ]
I am veeery suspicious of the Fed's motives for not reporting the M3 figures. But printing money affects the M1, so they must be doing something else.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Wed Mar 29th, 2006 at 05:40:28 PM EST
[ Parent ]

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