DAVID WOO: The 'Moment Of Truth' For The US Economy Is Approaching In Just The Next Few Weeks

TBI ^ | 2-7-2013 | Joe Weisenthal

[Travis McGee]

Don’t worry, it’s different this time.

[thecodont]

I know zero, zip, NADA about the stock market, but right now I’m compelled to view old “Wall Street Week with Louis Rukeyser” YouTube clips from right around the time of the crash in 1987. Someone named Zweig was supposed to have had a good handle on what was going on.

[familyop]

"...yet everyone acts like nothing is wrong, it’s like the calm before the storm, I’m questioning my sanity, it’s as if what’s right is wrong, and what’s wrong is right, strange times!"

That's because we're living in our improved environment without all of those awful smokestack industries and the scary breeder men who worked in them. [Oh, yeah, a whole heap of irony and sarcasm there--not about you but about our contemporary leadership.]

Do you see? Look at third world countries known for their agricultural and energy production without much manufacturing. Do you see farther?

[Excellence]

Wall Street Week with Louis Rukeyser

Oh, my, I haven't thought about him in such a time! He passed away, yes? Watching the crash of '87 was like watching the aftermath of an earthquake. There wasn't anything anyone could do or have done, and what a mess it left behind.