Bigbuilder

The Current Market Atmosphere: Easy Money Hard to Come by

There is simply no quick fix to the fact that we are VERY over levereged as a nation and as individuals. It will take years of savings to unwind and that saving effort will tap out the consumer and reflect the gross misapplication of capital into consumption (e.g. SUV's and lavish homes). Essentially we are in a marcoeconomic Chapter 11.

Those who sell investment products do so to generate income for themselves NOT to help their clients. All of Wall Street knew the last few years were based on lies, but they let it happen (with help from Republicans AND Democrats).

I think the future will be dark.