re: #631 The Shadow Do

I work for a global 100 fortune company. January 1 will be a bloodbath. Folks ain’t seen nothin’ yet.

Well, it’s actually fairly simple. When you see clear evidence of real GDP growth (i.e., inflation adjusted) and increasing employment, then things are moving forward.

Otherwise, we are creating the short term illusion of prosperity by writing rubber checks.

Anybody else notice how Bernanke has gotten real quiet lately? i think I saw him on a milk carton today.

I think he is wondering “what do I do now?”