KJC, <<CEOs Aren't Spending, So What Will Stimulate The Economic Recovery?>>
Come on, you know the answer :0)
... false hope, wishful thinking, fevered imagination, fiat liquidity, circularity of spin, bear market rally logic, manic exaltation, martial bliss, irrational exuberance, revolting protectionism, unbecoming scapegoat-ing, home refinancing, Walmart blue-lights, SUVs, ACF Mike, and 2004 beauty pageant :0)
We will simply have successive bubbles until all is turned to foam, when the liquidity is evaporated by housing implosion where buyer, seller, and financiers are badly hurt, as opposed to equity explosion and bond kabooms, where only the buyer is hurt.
Chugs, Jay |
