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FUBAR
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Lagging Indicators and Nagging Fundamentals - Andy Sutton - My Two Cents

Running up all possible credit cards or refinancing capacities seems a rational choice, this is just imitating what the governerment is doing. Bailout will be a general reset of the system.

The catch is don't do it too early before the reset.

Commented 4470 days ago

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Beginning of the headline :After the first weekend of the Holiday shopping season, there were jubilant members of the mainstream press virtually jumping out of their skins at the news that holiday spending was looking strong. The initial counts showed an uptick in spending and that was all the MSM needed. Interestingly at the same time, the ‘bad cops’, namely the Fed and other central banks, were quietly talking about more easing, the rotten labor market, and the debt crisis in Europe, still bubbling beneath the surface... Read More

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