Archman Investor

First in, First Out? U.S. Leading OECD Out of Recession

<<First asset markets are a reflection of investor confidence of the future. >>
Wrong. They are a complete reflection of when a government gives tax money to investment banks, and money center banks and says: Here, trade it, make the markets go higher.
It is going to take time for the following realization to occur and for people to accept it:

The US is no longer the world's driver of economic growth and real production. We sold that out over the past decade for easy money and a population that lived 200% over their means.

I found it comical that the author did everything he could to "knock down" other countries such as Canada while trying to portray America as the nation to lead in the future. Comical to say the least. That's not to say that some other countries do not have their share of troubles but it is obvious there are way to many people who think that because we threw so much money at the nation's problems that somehow we are going to come out on top.