Stockmen, This is the obvious and we can't deny that! If it happens I think it will demoralized more people from coming into the markets, given all the bad news out there. We have to have 2 sides to keep the game going and its an up hill, can't commit for a long period of time.
stockmen and all, John is not the famous Jim Grant, interest rate and market intellectual known and followed by most major institutions and funds, and financiers. A droll guy. here is his picture and some cartoons. http://www.grantspub.com/