[quote=peterb]If one really believes the fundementals of our economy, or the world for that matter, are really about to turn around…then by all means, jump in.
But look around. This is a massive wreck in slow motion because Uncle Sam is going “off-the-hook” to stall the inevitable. These tactics are not creating jobs and productivity to our society. They are strictly stalling tactics….hoping that something will happen to make everything good again. When you figure out what that something is, let us all know.[/quote]
Well said, peterb.
With trillions of dollars going into the FIRE economy, instead of into productive endeavors, how can we expect to see a real recovery?
Our entire economy is now based on smoke and mirrors.