The New CS Board

[jumanji0881]

Yes, the doomsters lose a lot of credibility over time. They lost credibility prior to the bursting of the stock market bubble in 2000 and prior to the bursting of the housing bubble in 2006. We await the bursting of the sovereign debt bubble. These markets are not real. They are held up by free money from the Fed and the Fed cannot do that without a very big price to us all. When this bubble bursts, it will be the far worse than any previous bubbles and there will be no reprieve from the Fed this time.