Originally Posted by
Mainecoons
Sooner or later the market will have to react to all the layoffs piling up and the shift from full time benefit paying jobs to crappy part time ones.
Currently, the market is a balloon inflated by Bernake's and Obama's money printing. Remember what happened to that dot com balloon? The housing balloon?
Things that are based on real value, you know like companies actually growing and hiring and producing more as opposed to temporarily propping up profits by cutting costs and laying people off, appreciate. Things that are based on balloons tend to fall to earth very rapidly and unexpectedly to all but the smart money who always come out on top.
And I think giving them what they want is exactly what we should do. And make it very clear we are doing that and when the consequences arrive, call us and we'll clean up the mess. Our way.