[Varsity Flight]

= No Collateral

= False paper makers

= Higher oil

= Unemployment

[Uncle Ike]

Yesterday’s 200 point jump in the DJIA merely demonstrates that “No, really - we’re gonna come up with a PLAN!!” still works among the gullible....

[piytar]

Economic and historic illiteracy at play. Just like their claims of austerity, which failed to include any real cuts in government spending.

Short version: another attempt to kick the can down the road. But the can gets bigger each kick. And so does the inevitable correction/collapse.

This is going to get bad. As in bloody. Seas and messes of it. Again.