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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%4:00 PM EST
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To: energyplay who wrote (49788)5/8/2009 6:59:44 AM
From: carranza2  Read Replies (2) of 218120
 
I think the source for that article may be onto something but I doubt that the Animal Spirits book is animating policy.

It is good to inspire confidence and optimism, but there is also a time for the bare naked truth to be told. This is one such time. And the bare naked truth is that the economy is screwed because of:

1. energy

2. deficits

3. enormous and unpayable debt, public, private and corporate

4. unemployment caused by shifting work overseas

5. entitlements which cannot be paid

6. an oligarchic and bloated financial system in control of our national legislatures

7. interventionist and incompetent Treasury and Fed

America needs a Revolution in outlook, thinking and priorities, a new way of doing business.
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