Profunds index and sector trading

[otraque]

In that regard the worst thing Greenspan said that he put forth as GOOD news is that household spending continues to escalate but not noting their debt load is rising AND pent up demand is being exhausted.
Put escalating household spending/rising debt and pent up demand reaching an exhaustion point and that rationally calls for one to paint the future in dark shades of grey, maybe to even paint it black.
He was forthright is saying he is extremely worried about 1909--he is frankly saying if we do NOT change matters regards deficit the SSI will be bankrupt in the future.
He says it is imperative that those nearing retirement be told NOW not too count on SSI as matters stand now.