Gene Inger

Arthur Laffer: US Is in Recession Now

interesting comment Barry; I have tried for months to address the disconnect between fact and reality. Now; everyone thinks lower rates will solve everything. They won't. We've called this 'pushing on a string' for many months now; since forecasting the unsustainably July rally (broadening top configuration completion).

We'll get through this, in time. But that's the key. Banks are not going to become assertive; and this isn't 2001; no free lunch money so the immensity of the 'junk debt' issue overrides other factors; not that lower rates and so on won't help some folks to a degree.

If we do get a rally from a daily-basis 'v bottom' it will be unlikely to hold; as we've already outlined to our members. Good luck and while sad to see the Nation go through this; cheers to the few of us who leaned against the globalist extremist wind (and for our soverignty) in the year just past.

kudos!
gene inger
ingerletter.com