Last week I saw David Stockman being interviwed by 3 tv anchors about the bond market. They were unable to counter his points about the bond market facing a huge correction over the next period along with the unsustainable federal, corporate and household debt that America has. The best the tv anchors could come up with was that Stockman was aprophet of doom who ignored the fundamentals which showed the economy was booming. So your termGreg about the confedracy of dunces applies to some degree. Never mind they don't have any original thoughts and would be lost with out a script to read from.
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