Replies to post #48069 on Hartcourt Companies (fka HRCT)

[Irons3]

TFN, lol on that last line. I only know what I read, and what I read is that the consumer debt is at an all-time - and in some eyes at an extremely dangerous - high, that the world is awash with goods, that Greenspan has pumped an historically unpecedented amount of dollars/stimulus into the economy, trade deficit, national deficit, threats on social security - I see peole getting nervous, and I see a drop in consumption. And now the price is gas is going through the roof I noticed when I filled up today.

Any marginal fall in consumption will wipe out GDP growth faster thean Larry Kudlow can say "bull market."

I'm saying what others say: Buffett, Soros, Faber, Gross (PIMCO) Moriarty (321Gold.com).


irons