ALL THE TALK IS OF MONDAY MORNING...
SO FAR THE MARKETS OVERSEAS HAVE BEEN SPOOKY... NONE OF THEM ARE "IGNORING" S&P...OR WHATEVER ELSE IS OUT THERE...
SOME BLAME S&P...OTHERS ITALY...OTHERS CONGRESS...OTHERS "UNCERTAINTY"...
SURELY ALL ARE RIGHT...
IF THERE IS A GENERAL BREAKDOWN IN THE MARKETS...PANIC COULD ENSUE...AND THE RUSH TO BONDS ACCELERATE...
PERHAPS THE PPT WILL BE IN THE MARKETS EARLY...EVEN IN THE FUTURES...
GENERALLY THE US ECONOMY IS A ZOMBIE... IT IS UNSUSTAINABLE...NOT BECAUSE OF ENTITLEMENTS...BUT BECAUSE THERE IS NO INDUSTRIAL BASE...ITS ALL IN CHINA NOW...
AND ANY...ANY DEMAND IN THE US ....ONLY BENEFITS CHINA...NOT THE US...
SUSTAINABLE GROWTH IS PHYSICALLY IMPOSSIBLE IN THE US...BECAUSE OF THIS.
OF COURSE THIS IS NEVER MENTIONED...BECAUSE ITS TOO TRUE...AND THEREFORE MUST BE AVOIDED AT ALL COSTS...
SO WE CONTINUE...WITH THE EXCUSES...JAPAN, REGULATIONS, UNCERTAINTY, TEABAGGERS, LIBERALS, THE EURO...MORE TAX CUTS FOR THE BLOATED RICH...AND THE MULTINATIONALS THAT ARE AMERICAN IN NAME ONLY...MOST OF THE PRODUCTION BEING DONE IN ASIA...
CONSUMER DEMAND IS NEVER MENTIONED...OR ONLY QUICKLY...BECAUSE IT HITS TOO CLOSE TO THE TRUTH...WHICH MUST BE AVOIDED AT ANY COST...
AMERICA IS A ZOMBIE ECONOMY...
ZOMBIES NEVER WIN...