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Today's Situation: Not a Great Depression

We are looking at a number comparison between two completely unrelated economic meltdowns. What some of these so called experts continue to do is use "technical" analysis to parallel the downturn to some of the past experiences. You can play it down all you want, because it certainly does not resemble the Great Depression. It's worse. At least, it will be. As long as Bernanke keeps using his printing press to "bail out" the banks, we are going to be in for a long, steep ride.

We need to bite the bullet, and realize that overconsumption and underproduction were eventually gonna bite us in the ass. it's happening. Let the market run its course.