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| In contrast........caught a blurb on how an Romney win would push un-employment down past 7% into the 6 percent range and that would trigger, along with all the QE already pumped in........it would trigger the high inflation everyone has been holding their breath on................and that would push commodities higher.........
Then from Investor Doug Casey.............."It would be very unfortunate if Romney wins," opines our friend, the inimitable Doug Casey
"That's because Romney would be associated with free-market economics," Casey laments, "as Republicans almost always are. A real pity. The social and economic disaster that's looming over the next four years would incorrectly be blamed on capitalism. From a long-term point of view -- if you care about posterity -- it's actually better if Obama wins. Then socialist-style ideas might get more of the blame for the train wreck.
"On the other hand, the continuing global economic crisis (and much worse to come) would be a great excuse for Obama to open the floodgates on all kinds of really, really stupid ideas."
Bottom line: "There are no political solutions. The economic problems are bigger than any politician. There's no way out. I pity the poor fool who wins this election."
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Election effect on market??
