Santos....2 May 2010 20:47
You have a peculiar view of the markets, and governments, in general, and I see you think we are on the cusp of total economic collapse. While I share some of the caveats voiced regarding the uptick in economic activity, fundamentally the world will not come to an end. It is a fact that the human mind, when pushed into crisis mode, will, if need be, bluff its way out. We may have experienced that to some extend with all the 'funny' money (a la quantitative easing) but this at most will lead to an inflationary shcok. However, this will pass. The bankers, and negligent regulators, with the collusion of governments, led to the present debacle, but the world will not come to an end. There are dangers if we grow too fast, similarly if there is no growth at all. But an imminent collapse? --- No, that I don't agree with. Pullbacks? Yes. Rallies? Yes. - In short, nothing has really changed, and that is THE ultimate fact we have to contend with. Good luck with your investing.