The point about the 1991 comment is that this looks like it was...

  1. maxwellreid
    481 Posts.
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    21/08/08
    16:04
    Post #: 4133162
    The point about the 1991 comment is that this looks like it was a dress rehearsal for today. And that money will not have acceleration if debt is not taken up. The car comes to a halt.

    If the Fed takes interest rates to zero, there is no guarantee that people/companies will continue their debt habits. Maybe a carry trade?

    Max
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    lightbulb Created with Sketch.  Great analysis
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