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Old 11-04-2008, 12:53 AM
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kgun kgun is offline
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Default Re: Bailout, the $700 billion dilemma and world markets

Quote:
Originally Posted by cw1865 View Post
I'm calling it right now. There WILL be positive GDP growth for the fourth quarter.
In my opinion your probability of being correct increases if Obama (the democrats) wins the election.

Quote:
Originally Posted by cw1865 View Post
Fair enough. I get what you're driving at though....

I don't like to use socialism in that context only because you're collectively subsidizing the excesses of capitalism (something most socialists would not desire to subsidize)
"Financial socialism" would have been a better term.

Mr Market is forward looking, so you may find strong signals of the outcome of the election in the http://www.bloomberg.com/markets/stocks/futures.html or the NASDAQ-100 Pre-Market Indicator and NASDAQ-100 Pre-Market Heatmap
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