junkyarddog

Time to Short Both Long-Term Bonds and Crude

Mike K: I love your out-of-the-box thinking, and long term view. However, your assumption *MAY* be flawded because you may the taking political considerations out of the equation. Notice how many times I used the word MAY, as I really don't know it myself.

Goldman Sachs, Lame-O Bros, JP Morgan and the rest of the gang lost their shirts in the mortgage meltdown crisis. Now they borrow cheap money from the Fed at 2% and invest in oil to recover their losses. And all of this is supported by the political leaders. My point: I don't think there's a willingness to change.

In the long run I think you're right, but at present the political will doesn't seem to be there. Great post!