been there

Sucker's Rally Approaching an End

3 factors that have happened to bust this economy at the same time
1. biggest credit boom in history and bust
2 largest oilprice increase in the shortest time when every other oil shock we have had has caused a recession by itself.
3 everything that will cause the economy to contract is wanted to be done by obama ie higher taxes and higher cost of labor (card check)
can you imagine if the unemployment rate is 12% and the fed needs to raise interest rates to 12% because of inflation or to sell treasuries.
think he has the guts to do it. ha