The Bankruptcy Bill will be the straw that breaks the AMERICAN CONSUMERS back.....along with gas prices, interest rates, punk jobs, a real estate bubble, a weak dollar.......etc. Amazingly the weak dollar is aggravating the trade deficit, NOT helping it!
Not to be too shocking, but the historical period I'm looking at now for guidance....is Germany in 1922-24....!
NEXT STOP.....DOW 7000. Then, we'll talk.....about where the bottom is.
NOTE WELL....THE MARKET SHILLS ARE GRASPING AT STRAWS NOW....
