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If there is one TMF board that symbolizes "group think" it's "Mishedlo." For years the board and it's uberfuhrer, Mike Shedlock, have been forecasting the collapse of the U.S. economy only to discover that others know something that most "Mishedlo" contributors don't; that there's at least two sides to every story. He represents a real financial guru.Early June, with Fed Funds at 1% - Mishedlo predicted that the next Fed move would be to LOWER Rates. I expect that his normal little gang of moonbat followers gave him a bunch of recs for being so bold. They never thought about how the rates would soon be negative if Mishedlo was correct. What a gang of nonsense end-of-the-world nutters.
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