Buy and Sell Signals, and Other Market Perspectives Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 677.48

+0.3%

Nov 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (40126)	11/9/2012 11:13:20 AM
From: Seismo	Read Replies (1) of 218450

The reality is there is no way we are going to be able to tackle our debt crisis in any meaningful way without going over some kind of fiscal cliff. We may not like the current fiscal cliff as it is laid out but a compromise on that would either just shift spending cuts and/or tax increases to different areas OR it would just water down debt reduction. There are now no easy options to deal with our massive debt. Since both parties really seem to like lots of debt my guess is they will compromise and declare victory by reducing the GROWTH in new debt. Probably over 10 years or more so in effect, nothing will really happen to our debt. The markets will like that but our grandchildren will not.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next