I cannot think I am alone here in retailville, and if sales DO NOT PICK UP HEADS WILL ROLL>
LOOK for unemployment reports when they rise out of current range it wont stop.
GOOD quality loans even now suspect per Countrywide
Money will be harder to come by (LIQUIDITY)
ONLY ASSET PRICES RISING…..will boost GDP (stock mkt)
Our electric and fuel bills for buildings and trucks have dramatically risen.
I think consumers are up against it here and when heads roll it gets worse.
Now we have HISTORIC DEBT, I am very worried for those on the edge. (lack of historic high in gold says to me they cant or haven’t INFLATED IT AWAY)
The alternative is DEFLATION, with little ammo left.
I think EASY money has been made, choppy times at best ahead.
D
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