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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (54896)	12/13/2011 6:21:20 PM
From: Jacob Snyder	3 Recommendations Respond to of 95420

<deleveraging of banks and governments> Banks are deleveraging, by getting governments to take over all their bad assets, making good all their failed bets. Government debt is increasing, not just in absolute terms, but relative to the size of economies. There is no government deleveraging happening: not in the U.S., not in Europe, not in Japan or China. Nowhere, except maybe Iceland. The bad debts everywhere just get shifted around in complicated ways. No permanent fix will happen till they are written off. But, because somebody will have to take the loss at that point, the day of reckoning will be put off, by every clever expedient, for as long as possible. Politicians in every country, no matter their stated ideology, are working full-time, dreaming up ever-more-desperate fake "solutions."