YES...AND THERE ARE OTHER SHOES...AND KNOCK ON EFFECTS TO COME...
BUT THE FED WILL FUND THE STREET AND THE BANKS WHICH ARE "TOO BIG TO FAIL"...
BUT THE US MARKETS ARE ALSO TOO "MANAGED".... TO SUCCEED IN ANY CREDIBLE WAY...
EVERYTHING HAS BEEN ZOMBIFIED ...MUMMIFIED....
OUR "TOO BIG TO FAIL" BUBBLE INSTITUTIONS HAVE BEEN EMBALMED IN HOPES THAT A "CURE" CAN BE FOUND, IN THE FUTURE, VIA THE MAGIC OF KEYNESIAN MONETARY OR FISCAL POLICY...
EVERYTHING IN THE US IS ON "LIFE SUPPORT"... THE AMERICAN ECONOMY IS AN ECONOMIC "INTENSIVE CARE UNIT"...AND WILL REMAIN SO FOR THE FORESEEABLE FUTURE.
THIS IS PURE DRIFT...
WITH NO HOPE FOR ANYTHING BETTER...FOR A LONG LONG TIME.
