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QE Wants People To Borrow And Spend. People Want To Save.

|Includes: SPDR S&P 500 Trust ETF (SPY)

QE can't work stimulating the economy if people prefer saving. There have been other articles about this, but just look at the first chart in this article:

Disclosure: I am/we are long TZA (3X BEARISH FUND, BUT JUST A SMALL POSITION), SLV.