I would add though more ideas brought by Drew about why is not possible. This is.. I would give more space to all the ideas about why it makes sense to beleive that it is impossible to reach a sudden crack. I know you cover the points but I would take some explicit drew words and put them here.
I would also try to add the points regarding why a weak dollar is also good like expensive oil for the worst consumer (keeping oil prices stable for the rest). How it will probalby force the Reserve to forget generating another asset bubble in the US and how it seems desirable to have a soft landing , with a very low growth in the US as the starting point of a economic restructure.. septially regardign the large quantity of imports.
I think all these points were covered very well by drew, Jerome (and even myself)...I think you can take them literally and add them easily to this post...I am sure you can add those points...
Actually I can do it myslef on sunday probably.
Excellent.. in any case... and by any measure.
A pleasure I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude
Don't think I said anything that either yourself or Drew or Jerome would necessarily would disagree with (Drew perhaps might), and I was worried about length and rambling, two things I'm really bad at. So, well, anyhow, how 'bout we do this. You (and Drew and Jerome and whoever else) propose edits and email them to me, whereupon I'll try to integrate those edits into the current diary.
Sound good? "C'est un scandale !"
Any further suggestions anyone? "C'est un scandale !"
