Tuesday, September 07, 2010

Hibernating Bears Rule


Dangerous defeatism has taken hold in america? All of america has gone into hibernation because the economy is stuck in Depression 2.0?

With interest rates stuck at 0%, equity losses in the stock market, falling real estate prices and US government junk bonds the best investment to be had, why wouldn't americans park their cash in a safe place and go to sleep. We're stuck in a liquidity trap and no one knows how to get us out without printing even more money.

Better let the bear sleep until we can get some new leadership that knows how to arouse a sleeping bear. Otherwise, somebody is going to get hurt badly.

0 Comments:

Post a Comment

<< Home