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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.50+0.6%4:00 PM EST
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To: TobagoJack who wrote (91718)6/20/2012 6:30:26 AM
From: elmatador  Read Replies (1) of 219140
 
It’s going to end in the next 2 or 3 years, Europe first, then Japan, then the US. Hopefully we (the US) don’t end by becoming Spain and hitting the wall and losing access to the market, without the central bank massively funding ourselves and watching interest rates rise.
...
That’s where Western governments are. They’ve run out of the ability to borrow money to finance their current consumption. This is a good thing that it’s coming to an end. I don’t see this as negative in the longer-term. It’s still going to be a bumpy ride for the markets. It’s certainly going to be (an interesting) ride for the business as usual crowd.”

Read more: http://www.businessinsider.com/mauldin-end-game-2012-6#ixzz1yKPYbjyw
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