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Lights Out For The US Economy As Its Biggest Cheerleader Hangs Up The Towel

By: capt_nemo in WRGO | Recommend this post (0)
Sat, 30 Jul 11 8:39 AM | 19 view(s)
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Submitted by Tyler Durden on 07/29/2011 - 14:48 Debt Ceiling default ETC Gross Domestic Product Medicare Personal Consumption President Obama ratings Recession Unemployment

When Deutsche Bank's Joey perma-LaWronga finally gives up on his call that has been wrong for about 3 years now, it may be time to i) panic or ii) buy everything with three hands (thank you Fukushima). We are leaning to the former, especially after the upcoming downgrade forces the Fed to launch QE3 in about a month.

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http://www.zerohedge.com/news/lights-out-us-economy-its-biggest-cheerleader-hangs-towel




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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