counter points
debt as a % of gdp is also and in fact most of the time, aways, at an ever increasing all time high
by simple trend line figuring, each dollar of additional debt will fail to lift gdp by any amount greater than zero when 2014 arrives
not that gdp, a measure of consumption, means much
nature ofthe game
if so, then we are in a game we might understand as the share prices will go up, always, in local currency terms, only, except vis a vis zimbabwe dollar
should thisbe the nature of the game, then perhaps the worry-free way to play and win is by betting on gold, silver, platinum, palladium and ... oh, i dunno, say uranium
at least since 2000, the record of gold against most aggregate of usa shares has been a sure thing
and without fuss and worries
some concerns
the issue of worry then is whether gold will do well if and when housing/debt collapse impelled liquidity crisis drive all assets down to the death level discount point
and
during such a planet-wide triple waterfall asset repricing, will the collapse drive usd up, or the yen up
and
is it still within the realm of plausible that protectionism, geopolitics, and competetive devaluation can set of what used to be called panics, crisis, depression, which these days are known as correction, consolidation, and pause in growth
let's watch :0)
but, for goodness sake, hold some gold, just in case the history books are correct
in the meantime, i just organized new syndicate / club to buy Message 23275493 real estate , in case printed money is the same as savings, and excessive printing will continue to result in surplus capital, which would need to be redeployed by others into items i have front-ran
imo, while the mania is sort of ridiculous already, but by measures of past extreme excesses, we are still in the early days, as opposed to be in the parabolic blow-off stage |
