[The_Media_never_lie]

We could still pull a rabbit out of the hat and go-go-go for growth. Slash taxes, slash spending, expedite Keyston, fracking and the transition to natural gas, and build coal and nuclear power plants. Replace the educational system with vouchers. Repeal Obamacare. Get sane regulation of derivatives markets. If we can achieve sustained 5% real GDP growth for the next couple of decades, we’re out of the woods. But we gotta get serious about growth.

Exactly. That would get us out of this mess, but it would take some grownups at the wheel.

Also, we may not yet be at the edge; there might be more room for another boom/bust minicycle before the big one. Who knows how much longer business as usual, or kick the can can last before the mother of all bears comes along.

[blam]

"Also, we may not yet be at the edge; there might be more room for another boom/bust minicycle before the big one."

I don't think so.

I believe what is presently being called a recovery (and, it's already slipping) is about the best we can expect before a complete and total reset.

Back in 2008, the rest of the world economies were not slowing, this time they are.

Another five trillion dollars of borried money injected into the economy may cause an 'uptick' but not for long. I don't think anyone has the stomach for borrowing five trillion dollars either.

[pingman]

Chances of that are slim to transparent.