[quote=sdduuuude]As time goes on, I’m starting to believe more and more in the double (triple ?) recession. We may be out of this one sooner than the bearish Pigg-types (me included) expect, but back into another one much faster than the mainstream believes possible.
With that said, this may be the time to get out, but look for another chance to get in.[/quote]
Good food for thought.I have been anticipating a fairly good possibility of just what you are talking about. This hypothetical near future recession could easily include another ,perhaps 90’s size and style housing bust. Maybe it will be the day of reckoning for many true knife catchers and some percentage of loan mod recipients.Possible irony is that no one will help them if they are not a big threat to the economy, even though they helped manage the crash by being knife catchers and for buying time for the banks, in the case of loan mods.