thesheet

The Problem with Free Markets? Look in the Mirror

"This relates to the observable fact that we are accumulating more and more debt for less and less growth".

This makes me think of a book by Donald Coxe. The New Reality of Wall Street. In it he talks about how the market will not leave a bear market until the cause of the crash is removed.

If this is the case, then this bear market has only started. The inefficiencies of using debt on top of debt are building to a climax and the government is trying desperately to keep a system of diminishing returns alive.

Setting us up for a greater crash?

thesheet