Zeev's Turnips Patch-No Politics (ZEEV)

[qwave]

So cheap money is the answer. Hasn't been for well over a year now. And the economic numbers don't matter once again after the last few months of everyone pointing to them as an indication that the economy was actually improving.

If the economy is 80% consumer driven we are in a world of hurt. Wages have stagnated (and in many professions dropped). State and local governments are raising taxes and fees. Gas prices have maintained their highest level in history status. Insurance prices continue to climb 10-25% a year. I just don't see those chinese goods cheap enough to cover the increases we are seeing in many other areas of the economy.

BTW, I may switch my name to Fed Reserve Jr.