No FED. No ECB. No IMF. No Obama. They are now powerless. They’ll try for sure but it won’t work and all boosts will be temporary. Bottom of this bear Market is Feb 2013.
In the mean time, we can do austerity all the way there.
Because a bunch of idiots over spent to bankruptcy/foreclosure…and then they learned about the magic of austerity so they have to get that lesson not applicable for them only but the whole economy and government to do the same.
Economy leading by these idiots who influenced their idiot politicians will likely lead us to another depression.
The pressure for cuts are huge. The time to do cuts now may kill what’s left.
