"consumers crushed" & us "economy collapsed", page-60

totally agre timber.
its a time buying option, not a cure.
once the election is over in the states, my guess is that a new round of stimulus will be set.
if you look at the greek situaiton where the problem was dragged out with meetings, stringing the market along saying there wil be no default, but they need to do this, then the pantomime that followed whereby greece is allowed to write of its debts by teh lenders, but its not called default!!??
same in the US, just different method.
bottom line is the debt levels are unsustainable in so many countries they will either have to print more of it to keep us liquid,or call teh debts in and crash their own system...
its realy that simple, so al this procrastination is making the marekt calm, but not bullish.
IMO