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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: Vendit™ who wrote (47312)3/18/2013 12:06:36 AM
From: Copeland  Read Replies (1) of 219483
 
It's easier (and politically more palatable) to recapitalize with money printing than confiscatory edicts and taxes, especially since American is no longer a nation of savers. The average American bank account is only $3800 and 50% of Americans don't have a retirement account, much less a 401K.

Unfortunately, printing isn't all that easy in the Eurozone.

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