Precisely Rustico. I have gone to great pains to get people to understand that we are heading into a significant recession as a result of a massive credit bubble. There will economic turmoil over the next several years that can make all of the assumptions about the next 30 years irrelevant.
I’ve said it once and I will say it again: Too many posters here have a very SD centric / micro-economic perspective on what is happening right now. You need to start looking at the forest for the trees.
