[sourcery]

It's true that there are always doomsayers, just as there are always those with "irrational exuberance." It's also true that good to middling economies and markets usually are in effect, and that really bad economies and markets are infrequent occurrences.

Nevertheless, depressions and market crashes have happened in the past, and will happen in the future. So will manias and booms. Each of us will ultimately be solely responsible for how well we can forecast what's coming, and how well we position ourselves for the future. One has to take one's best shot, and hope that the future doesn't unfold in such a way that one's plans and preparations turn out too badly. Good luck to you, and to everyone.

[NewRomeTacitus]

The combination of massive deficit with the sluggish market gives the leftists reason to point and jabber. What can not be brought down is the fact that the U.S. is the financial nexus of the world and it remains vitally important that our economic health is not crippled.