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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: maxncompany who wrote (99625)7/12/2009 10:12:33 PM
From: Steve Lokness  Read Replies (2) of 116555
 
Well, which is it? More stimulus? Or deleverage?

Both. You know of any way to delverage other than lots of time? I don't and that long time - just like the Great Depression will not only be long but hard and painful. The stimulus is not about stimulating as much as it is to allow political cover while we go through the long hard times. Obama would be impeached if he did nothing.

steve
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