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

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To: Claude Cormier who wrote (100719)8/12/2009 1:21:11 PM
From: Zincman  Read Replies (1) of 116555
 
I don't disagree there are problems, but hasn't this argument been debated since the 70's? Seems there are countless bears that have labeled this a problem for many decades now. What is so different now?

<<The problem is that the USA has absolutely no choice. It cannot pay its debts.>>

ZM

PS Congrats on EAS... great call
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