Thursday, October 7, 2010

2011...THE NEXT 1929....OR WORSE?

THIS GLOBAL ECONOMY HAS BEEN LEVITATING ON FREE MONEY AND BULLSHIT FOR MOST OF 2010...

BUT BEHIND THE SCENES...THINGS LOOK HORRIBLE...

BUT HAPPY TALK AND HYPER-LIQUIDITY HAS MASKED SOME OF THE REAL UNDERLYING PROBLEMS FOR MOST OF THIS YEAR...

PERHAPS THE MARKETS CAN ESCAPE THIS YEAR WITHOUT A PLUNGE...

BUT WITH THE NEW CONGRESS...AND THE TEA PARTY FREAKS IN POWER...LIKELY ANY SPENDING TO "SAVE" THE ECONOMY WILL BE OVER...

2011 IS STILL MONTHS AWAY...BUT IT IS NOT LOOKING PROMISING.