[Travis McGee]

IT's going to be a bumpy ride.

[GeronL]

I dunno... is freefall bumpy?

[TigerLikesRooster]

Haha. Japan is the best case scenario for the current crisis. World economy was still prospering (in comparison with today's situation.) Japan had large cash reserve. They were able to buy time by continuing to export goods to the world market and pouring their cash into an unending series of bailouts and stimulus package.

While Japan has been slowly sinking, the Europe and U.S. are not that lucky. They are hoping the perpetual limbo: without resolution but no massive pain. However, the limbo would not be perpetual, but short followed by pain which the world has not experienced for more than half a century.

The establishment has finally spoken. That is, "Yes, we are forced to accept that the rebound after massive QE is a wishful thinking. We admit that our best hope is to become another Japan even if we laughed at Japan so many years ago when it slided into what has shaped up to be 'Lost 20 years.' It hurts so much, though. "

[OldEarlGray]

“Somebody wake up Hicks”.

[Southack]

Fracking is saving the U.S. economy, far away from the machinations of central banks and DC corruptocrats.

Natural gas prices, and hence, electricity costs, decline because of fracking, and soon oil prices will follow.

Moreover, the oil that we are buying comes more and more from growing American oil fields...all because of fracking.

Keep the politicians away and Americans will right the ship.