Hello Maurice, <<gold ... Naked Aztecs dancing with glee ... day has come again>>
... The key word and concept in the paragraph is again. You are correct, it happens the same way, each and every terrible time.
<<Bring back the human sacrifice!!>>
... I figure Maestro Greensputin and Helicopter BurnAndKaput will be sacrificed at some point in time. They represent the worst of the scoundrels pushing what in effect is a drug or what is know as easy credit. They did not create the mess. They just helped it along.
I am concerned.
Between the first serious mention of the “D” word here in current (“Financial Collapse of 2001”) context news flow chron.com and everything else that we figure are “knowable knowns” that will happen, such as housing will eventually stop going up, deficits will by and by drop, and many folks will at some point stop working and want to be taken care of, I am not optimistic regarding the nasty fork in the road straight ahead, stagflation or depression.
I hope the electorates choose wisely.
I think more liquid bubbly stuff will reward us before the party-goers get machine processed, because there is still much liquidity, and cheap liquidity, since China / India are undergoing once in several generation transformations, Japan wants to sell a few more SUVs, and all can afford to do this Message 21778571 for another few rounds.
I hope I am correct on the assessment, for all of our sakes, especially since I am not exactly ready for the nasty fork in the road yet.
I can easily be wrong on my figuring of the definitive Reckoning Day, but I keep reminding myself, we are not heading to a Reckoning Day, but are already in a Reckoning Process.
Today I will travel to the area of TeoTwawKi rebellion that is Shanghai, and should report back in HK by the weekend.
Chugs, J |