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Perhaps the economy is just going through a massive dead cat bounce? I suppose the Keynesian pump will work for just a wee bit more before another dump. In fact the Feds announced the "double it" approach in regards to QE. A cyclical pattern of more money and shorter booms is becoming more evident. Can't wait to see what happens when the QE totally decouples and sends the next bounce 6 feet into the red.
Last edited by seraphson; 12-07-2012 at 10:34 AM.
To those benighted souls who cry for "security"--either that of the subjects of a benevolent king, or of a paternalistic system of Government-over-Man with its government-provided economic "security" accompanied inescapably by only a limited degree of Liberty, namely a system of Man subservient to Authority...
Better Liberty with the challenge
And dangers of the untried, unknown,
Than Servitude's deadly certainty
Of economic security.