EVERYONE BETTER BUY DIAPERS................it's gonna get worse, a lot worse

[Michael.Felli]

http://money.cnn.com/2016/01/12/investing/markets-sell-everything-cataclysmic-year-rbs/index.html

 

[dawgduice]

There is ONLY one solution, Ruduce taxes on the wealthy and their corporations. That will work, always has ????????
Why would anyone think "they" would lead "us" (the working poor) in the wrong direction ????

 

[indynittany]

The Fed's (along with the other central bank's) loose monetary policy spanning the past three decades has put us in this spot. With the monetization of the debt (think QE), the distortions in the market have only been exacerbated. The politicians of both parties have been sacrificing the future for the "good" of the present. The problem now is that it is the future and the piper has to be paid. They gambled that by creating $ trillions out of thin air they could ignite sufficient inflation to borrow our way out of our problems. It was a doomed policy from the start. Every Keynesian economist on the planet should be lined up and shot!

 

[LafayetteBear]

Michael: I'm just taking my cue from you and praying that the stock market holds steady....

 

[N&B4PSU]

http://money.cnn.com/2016/01/12/investing/markets-sell-everything-cataclysmic-year-rbs/index.html

Whew! For a moment I thought we were about to lose a bunch of recruits. Thank God it's only about the economy tanking... so long as PSU is playing on Saturdays, the sky will be forever blue!

So there.... my first "all is well" post of the new year!