contender

Historic Financial Collapse Underway?

I always find it hard to believe in extreme scenarios. The truth almost always ends up being somewhere in the middle.

That said, I think the number of perps...err... goldman sachs...err.. governemtn officials they are trotting out to tell us that we worry too much is another 'tell' that things are worse than normal.

It all hinges on housing. What breaks the downward spiral ? Its a degenerative feedback loop, and what breaks it -- especially as the government offshores our jobs and devalues our dollar so there will be fewer and fewer solvent families and individuals to sop up the excess inventory and stabilize prices ?

What breaks the cycle ?

Options Trader: Friday Outlook

Yeah its gotta be Iran manipulating - surely the US crooks refuse to let that bad bad nation ruin our country by driving oil prices up -- Im sure the US traders trade against those bad people to keep oil down because they are worried what high prices will do to our country.

Gimme a break.

We know the enemy -- the enemy is us.