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Well, actually no, it doesn't help me.
USD commercial paper is actually a fed statistic.
If they were so smart and omnipotent, they would obfuscate/discontinue it.
This is hidden in plain sight.

Smaller shrinkages last year triggered screams of fury against "the end of the world as we know it". But know, it's all "green shoots". Or may be the PTB are just as dumb as the chinese, who pretend they're growing 6.5% YoY, while leaking that electricity production is down 2% (and that is just for the grid, individual generation from diesel for under-supplied factories is probably down 100%)

In any case, we shall be settled very soon: unless there is a very good stealth substitute to this funding, US companies are going to crash very soon, and so will the equities markets worldwide.

Pierre

by Pierre on Wed Jul 1st, 2009 at 11:34:03 AM EST
[ Parent ]
thanks for the info, Pierre.

sounds like 'green shoots' could be the continuing fingernail growth on a fresh corpse.

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Wed Jul 1st, 2009 at 10:20:10 PM EST
[ Parent ]

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