Monday, June 29, 2009

SECOND HALF GLOOM: SELL IN JULY AND FLY AWAY....

IF YOU CAN FIND A CHEAP TICKET...

CLEARLY THE 2D HALF WILL NOT BE AS NICE AS THE "HONEYMOON HALF" NOW ENDING...

AND THE ISSUE OF WILL KEYNESIAN SOLUTIONS WORK IN THE US AT THIS LATE DATE IN OUR ECONOMIC DECLINE...WILL HAVE TO BE ADDRESSED...

FOR EXAMPLE IF CONSUMERS "START SPENDING AGAIN"...DOESN'T THAT JUST BE A BIGGER TRADE DEFICIT WITH CHINA...?

AND IF CONSUMERS CAN NOT USED "ASSET BUBBLES" TO GET MONEY...WHERE WILL THE CASH COME FROM? ...CERTAINLY NOT WAGES...OR THE OLD RE-FIs....AND HOUSE "FLIPS!!"

THE 2D HALF OF THIS YEAR COULD BE THE TIME WHEN ALL THE BULLSHIT COMES HOME TO ROOST...

AND THAT'S A TON OF BULLSHIT...!

CASH AND GOLD ARE THE TWO WAYS TO GO...