Eric Roberts <ow...@threeravensconsulting.com> wrote:
>
> When I buy stuff, I generally buy what is best rather than what is cheap.

Unfortunately there's been no real growth our economy for 10 years so
the last 3 administrations have used the oldest trick in the book:
credit.

If you dump cheap credit onto the middle class they won't realize that
their wages have been stagnant for a decade, since they can buy a new
house, furnish it, take a trip, buy a new car, etc. (since they're
doing that on credit, not growth)

Of course the problem with that plan is that at some point the ponzi
scheme crashes and you gotta pay somehow.

June will be that time.  Unless there's a QE III and, if there is, more debt!

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