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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (102197)9/21/2009 11:51:38 AM
From: westpacific2 Recommendations  Read Replies (1) | Respond to of 116555
 
History is no guide to a path to recovery, he said.

“The trouble is, we really have no road maps. The only model is the Great Depression itself.” That “was ended by a very large spending program known as World War II...

The outlook is “very fuzzy’ and a W-shaped recovery may become U-shaped.

bloomberg.com

Talking heads remain unable to call it...other than this is how it all ends.....and that chapter begins in one years time according to the model.

We are going to war as the US is in deep crap and they are not letting on. Let there be no question about this, once other nations no longer want to support our debt by next summer.

The US is going to have no other route...

The US is beyond bankrupt.