K-WINTER APPROACHING?

from an email to my buddy Matt:

I can have a rather sunny disposition, like to see funny side of things, but DAMN, aren't we set up for a possible repeat of 1929? SO MUCH THE SAME OR WORSE.

Now, all we could say is the FED will just print dollars and add to money supply, KEEP money easy. But you figure, they can't keep that UP indefinitely.
SEE how it already created record housing and energy prices.

See how it already created highest level of money supply (in 40 months created 6 X what money was ALREADY IN PRINT!) Adj monetary base has EXPLODED in last 30 days. (it was flat ALL year until then!) still lags 2004, and 2004 was not an exciting year for markets. (not) meaning MUCH MORE BANG needed for BUCK

Created BOND BUBBLE. Created mortagage debt bubble. And many other extremes.

We began 1980 era EXACT opposite of readings of today. THERE is limit as to what credit and debt can be expanded to, they won't talk about that.

WILL rates keep rising? I don’t know, but housing market was vulnerable to SATURATION before that with 70% home ownership rate!

Duratek