We never came out of recession . When 100,000,000 Americans aren’t working and are no longer counted as unemployed how can there be a recovery ? The Federal Reserve printing presses did all the magic q-eternity and now the end is near. Crash and burn baby !
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All of the bears are right, fundamentally, but the fundamentals matter only when people are scared. We need a catalyst that spooks the complacency. When it happens this will get very ugly with very little notice, and the buy the dippers are going to get castrated and there might be blood in the streets – it will be awful
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