Prudent Investor

Main U.S. Creditors Rub Shoulders

Pls check my archive about my opinion in 2005/6/7 when I did not conform with the bullish crowd either. Macro data signalled it all back then. The debt-to-GDP ratio surpassed its 1929 high in 2002. This mountain of debt will not go away without hitting the whole world.

anyway, I wish all commentators a happy holiday season, who offer their insights and do not let a mistake escape.


On Dec 16 03:44 AM aitvaras wrote:

> When there is a Consensus opinion from a majority of economists,
> the Prudent Investor does the opposite.