Pages

Saturday, 24 October 2009

Going DOWN?................from Rico

Scuba divers recognize the flag/signal "diver down" ...but it seems that as the consumer gets creamed by shrinking credit, a shrinking dollar, and increasing unemployment...the cheerleaders of team Obama (MSNBC, et al) consistently ignore the fact that the FED has to 'buy" USG debt that no one else in the world wants.

Look at these charts. They are the polar opposite of 'green shoots' or 'recovery' or anything you hear in the media.

Move along now. Nothing to see here.

All is well!



No comments: