Thursday, October 22, 2009

Bubbles

We had the housing bubble, the financial bubble, and we may well have a stimulus bubble. With the government borrowing and printing money with no assets to back it up, all this false money is generating real inbterest and real debt. Like living on credit cards and spending more than one makes, the piper will demand to be paid one day. If we can't pay the piper, we will lose everthing we have and the piper crashes as burns as well.

One day the stimulus bubble will burst.

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