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Wednesday, December 12, 2012
Waiting for Godot:
DIY: construct your own rosy scenario:
At some point these deficits, one way or another, will be reduced.
At some point the Fed will have to reverse course and sell "assets" off its balance sheet.
At some point The Fed will have to remove some of the excess liquidity from the economy.
At some point the world economies will start to organically expand and grow their way out of the current slowdown.
At some point new technologies will be developed that will lead to a boom in employment and investment.
At some point the US will develope its shale oil fields - or alternative energy industries - and become energy independent, thus giving the US economy a tremendous boost.
At some point the ingenuity of the American Entrepreneur will spark this economy.
At some point the genius of the free market will prevail and market forces will reassert themselves.
If only the Democrats...
If only the Republicans...
If only the Politicians in Washington...
If only the wealthy....
If only the unions....
If only the environmentalists....
If only the banking cartel...
If only the World Bank....
If only the Liberals...
If only the Conservatives...
If only the Socialists...
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