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Economy
In reply to the discussion: Weekend Economists: What Goes Up....June 1-3, 2012 [View all]Po_d Mainiac
(4,183 posts)136. Ponzi/pyramid schemes have a history of ending badly.
And Spain ain't the only PIIG in need of some grain.
It might work, till it doesn't.
The rumor might show up as a speed bump on a linear graph, but the slopes of the varied indices will respond to gravity in short order.
And the scheme is just dumb enough that it just might be utilized
Which in turn, will likely get the bernank to put in a panic order for ink as the race to the bottom tightens up.
The rumor of which will get a positive reaction from US markets
Actual printing will halt the slide in fuel prices
Which in turn will put the brakes on equities
wash-rinse-repeat
The only difference this time, is all the events could end up playing out in a matter of hours
YMMV
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