The Economy

Depends on the definition of "whatever it takes"

 

Butt, none the less, it's the same as every politicians' definition since I began paying attention in the `60's. "By whatever means necessary."

 

Hey PC, why do you always use "butt" instead of "but"?

 

He uses stough instead of stuff too.

It's the Texas heat.

 

I've developed a rather large disdain for pretty much every single politician...

 

IMO, you're NOT seeing long-term sustainable improvements in the economy. What's happening is the result of a massive stimulatory effort by many vested interests to keep the bubble inflated and restore confidence to a broken system. Think about this: If the gov't and the Fed were capable of "stimulating" us out of a recession, then why would we ever fall into one? If $3T works well, then why not use $30T or $300T on a regular basis? Everyone knows the answer.

I could go on and on, but you can NOT solve a financial leveraging problem by applying more leverage and financial engineering. It's complete nonsense, and we're making the problem worse in exchange for a very short-lived reprieve. $1T is a million a day for thousands of years. Inflation of the USD is an academic certainty at this point regardless of what the talking heads try to convince you.

The world has caught up. We are in a lot of trouble, and that's being kind.

 

Meh. I follow efficient market theory. I'm diversified. I'm not worried about short term issues. Short term to me is < 5 years.

 

Here's a long term look for you... Great Depression vs. Today... scary similar.

http://blogs.creativeloafing.com/politicalwhore/tag/great-depression/

 

So are you getting killed on your short positions or are you entirely out of the market right now?

 

`bout time, weedhopper!

 

I don't think there are enough butts around here...