Eugene David
...The One-Minute Pundit

Thursday, June 26, 2008


The same Wall Street casino that's trying to start a depression thinks it can make money starting a depression. It's all one; they get a vicarious thrill either way. Indeed one guesses the vicarious thrill at starting a depression is greater than running the Dow up 75,000 points because they think they won't get hurt.

"Crude oil is unlikely to face a major correction without a major bottom in the dollar or large cut in global demand," said Thomas Hartmann, an analyst at Altavest Worldwide Trading. "Inflation appears on track to get 'out of control' before the situation improves."

Thanks again, Dwights!

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