Thoughts? Is this "it?" Or, just additional PSI before the bubble pops? Bottom line, this is probably going to hit people's 401k in some way. $3 trillion corporate credit crunch looms as debtors face day of reckoning, says IMF - Telegraph
barry will just crank up the big money printing machine and print more Federal Reserve Notes. Hyperinflation
It'll be fine. Just keep drinking the koolaid and buy more debt securities. Actually, the farce of a stable economy could keep going and going. As long as they (corps and nations) do not fall out of line. Everyone KNOWS that Japan can never ever pay back their bonds. But we (investors, nations, corps) keep buying their paper. As soon as someone says that the emperor has no clothes and others listen, then the gig is up. But until that time .. party like it's 1999.
I really have to question those who think things are getting better, and that this country is moving in the right direction.
