Posted on 08/07/2011 7:04:28 PM PDT by dollarbull
“The addict cannot get clean on his own and will die with a needle in his arm...complete devastation in his wake.”
A year ago I wrote:
Deficit “stimulous” spending may produce an initial ephemeral gain, but pretty quickly will assert a significant detrimental impact on the future economy. The bottom line is that deficit stimulous spending is like a powerfully addictive drug. At first, the short term artificial improvement in outlook seems delightful, but then you’re forced to maintain or even increase the dose. If you stop, the resulting crash is awful, but the longer you go without stopping, the worse the crash. The problem of course is that eventually you must stop or otherwise you’ll fatally destruct.
This, of course, means that global markets are now rigged. Who would invest in a rigged market?
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