Detailed text transcripts for TV channel - FOXNEWS - 20120602:14:09:00
All of these things have happened over and again the last two years. we we ran out of stimulus in 2010 the market sold off and then we started going back up. when we ran out of stimulus in 2011 the same thing happened. the thing is, though, the federal reserve board is not talking about stimulus now. either is the ecb and we are running into a debt wall. now, these debt walls have -- we kicked the cans down year after year after year but now we have got this giant aluminum death spiral waiting and it is visible and we will see harsh defaults. that is deflationary and one reason prices are goin...
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