Barnaby, I appreciate the eloquent post. I am not trying to prove anyone right or wrong, I am just making a point and discussing where I think the numbers are currently at. Of course the government consistently hides information hence the definition of propaganda which happens in every country.
This country is in a bad position, but those who work hard and smart will thrive in this climate. I enjoy having to be creative when markets are going the other way. Unfortunately the majority of this country is standing in a virtual line waiting for a government handout.
Eventually the greed and ignorance will be minimized and those who couldn’t afford the big house, big car, big ego will be feel the greatest pain!
