I am sick of hearing about the coming “crash”, “recession”, “depression”, etc.
Zero liability voters will continue to vote liberal.
Until the EBT cards all flash “ERROR.”
They they will vote to loot the stores, as in the image above.
Read “When the music stops: How America’s cities may explode in violence”
I think US Treasury bonds are definitely a bubble in the classic sense. But the thing is that EVERYONE is in the same boat: the Japanese, the Europeans, and US. All the central banks that matter are printing like crazy and buying their own bonds with the $$. And the rest of the World depends on the Japanese, the Europeans, and US for their livelihood. So, the game will probably go on for some time. In fact, the US is likely to be the “last man standing” when the others collapse.
It will eventually end in disaster, but probably not in 2013.
The b.i. blog has a perfect track record, predicting 20 of the last 0 crashes.
That said, I’m sure they will be correct one of these days, maybe sooner rather than later.
No truer words were ever put down. That said, at least it gives the rest of us an opportunity to plan ahead and try to minimize the damage for us and our famiies. It's going to be ugly and we need to know this and make sure we don't get caught napping.