RatWatcher

The Market's Fictitious Infallibility

I am hoping this is sarcasm. If our debt spirals out of control, it will be us going back to the peasant lifestyle :(


On Dec 02 06:39 PM DougM wrote:

> Risk assets? Are you serious? No matter how many dollars Bernanke
> prints up nor how big Obama's deficits get, the entire world is going
> to keep spiraling into deflation. All those billions of people in
> China and India are going to go back to a peasant lifestyle. The
> place to be for the next 30 years is US treasuries paying south of
> 3.5%. Lock in those high rates of return now while you still can!