sg hammer

The Doomsday Argument, Market Version

Good points. Clearly, if the global economy chugged along at $18 trillion and needed X level of debt to do it, cut X by 1/2 and where does that leave global GDP? Well, a lot lower and in no condition to reach back to $18 trillion anytime soon.

It's going to be a trader's market for quite awhile and the increased volatility makes it easier to achieve trading goals.