“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one!”
Charles MacKay
Thursday, January 29, 2009
Lose-Lose Situation
The continuing lavish layering of debt-upon-debt-upon-debt by the US Congress and the FED mean only one thing to those with dollar assets: lose-lose.
