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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 427.13

-4.0%

Feb 2 4:00 PM EST

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To: Snowshoe who wrote (82231)	10/28/2011 1:11:22 AM
From: studdog	Read Replies (1) of 219977

The Great Unwinding, It is imperative that we as a nation pay down our private and public debt. We all know what the public debt situation is. I was assuming we the people were alot smarter and since the crash of 2008 were diligently paying down our debt. Well........... it's not happening: Consumer debt topped out in 2008 at 2.5 trillion .After 3 years of the new frugality and the realization of the evils of debt, we the people have managed to pay that down by a measly 4%. It is now 2.4 billion. Should only take another 20 years of deleveraging to get to where we need to be. see federalreserve.gov Karl

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