THE FINAL CONCLUSION NOW SEEMS OBVIOUS....
THE US ECONOMY IS SIMPLY NOT SALVAGEABLE IN IT'S CURRENT FORMAT...
THE NOTION THAT HYPER-LIQUIDITY CAN SOLVE HYPER-LIQUIDITY....
THAT ONE BUBBLE CAN CURE ANOTHER BUBBLE ...IS SICK...IT'S ILLOGICAL...AND IT WON'T WORK... ALL THAT CRAP ON CNBC AND CNN IS JUST BULLSHIT...
CLEARLY, THIS THING IS SPIRALING OUT OF CONTROL...
ALL THE TRILLIONS THAT HAVE BEEN PRINTED TO "CURE" THE BUBBLES AND THE PONZI SCHEMES ARE NOT WORKING IN THE REAL ECONOMY... AT BEST SOME OF THE PONZI SCHEMERS HAVE BEEN "BAILED OUT." BUT NOTHING MORE....
THE REAL QUESTION IS HOW LONG THE WORLD ECONOMY WILL TOLERATE THIS DISEASED STATE IN AMERICA...
AND WHEN WILL THEY "PULL THE PLUG" AND JUST LET IT DROP...
INDEED, A PURGING PLUNGE IN THE MARKETS WOULD PROBABLY HAVE BEEN BETTER THAN THIS SICK PSEUDO-KEYNESIAN BULLSHIT FROM BENANKNE , ETAL.
PERHAPS THINGS CAN LEVITATE FOR A WHILE... BUT SOONER OR LATER THE BOTTOM IS GOING TO FALL OUT AGAIN...
BEST TO STAY IN GOLD...AND BUY THE DIPS... CASH IS GOOD SHORT TERM...AND SOME LOCAL OPPORTUNISTIC INVESTMENTS OF DISTRESSED SITUATIONS MAY PAY OFF...
BUT AS TO THE WALL STREET SITUATION...ITS A THEATRE OF THE ABSURD NOW...
IT'S REALLY NOT WORTH TALKING ABOUT....
IF OBAMA WERE BRAVE ENOUGH...HE WOULD TRASH WHATS LEFT OF THE REMAINING "DISEASED" SYSTEM...AND START FROM SCRATCH...
BUT IN THE END HE MAY HAVE NO OTHER CHOICE...THE DECISION COULD BE MADE FOR HIM...
BECAUSE THIS IS ANOTHER GREAT DEPRESSION
