March 15, 2004

Quote of the Day

"We are in the midst of a truly pathetic case of inflating our way to a financial debacle and economic impoverishment. And, damn right, there will be a backlash. Not only are many of our workers being priced out of the global marketplace, they are taking on enormous debts in the process. Come the unavoidable bust, there will be the natural search for scapegoats and villains. There will be a move toward protectionism, isolationism, and nationalism." Doug Noland, Prudentbear.com

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