Monday, November 15, 2010

This kind of thing really concerns me. After all the debt the government has incurred to try and spend us out of a severe recession, we have basically nothing to show for it, but massive new public debt, with more of the same in store.

This sort of margin compression is exactly what I am seeing out in the real world. That in turn is exactly what will keep the country, at best, in a recession. If the government manages to kill the dollar with all their "qualitative easing", we could well get a depression.

Hope everyone is prepared, just in case.

No comments:

Post a Comment