[catfish1957]

In simple terms, this is the analogy of kicking the can down the street for the 1000th time. The envitability of QE easing (which now EU has embraced), basically translates to a credit card with a infinite limit, and the card holder can't afford to even pay the interest.

We in Freeper finacial threads have been arguing since 2008, whether we should have taken our medicine then rather than postponing it. It was my opnion then that we should havelet it play out, and rebuild from there.

In my 35 yrs. of investing experience, I have never seen such a quandary of the lack of anything decent to invest to get decent safe returns. This house of cards is going to crumble, the only really question is how bad is it goinng to get. I have prepared my portfolio for a 50-75% correction.

[PUGACHEV]

John Maynard Keynes once responded to criticism that “in the long run” deficit spending as a monetary policy would lead to calamity by noting the “in the long run” we are all dead.

[TBP]

We need to end QE prontissimo.