Replies to post #39655 on Zeev's Turnips Patch-No Politics (ZEEV)

[ItsAllCyclical]

>> there is a crisis of confidence in CAPEX spending not consumer spending <<

Overly simplistic imho. If only it were simply a matter of confidence. I guess, like Greenspan, Zeev believes we can simply continue to borrow our way into a better standard of living. Keep on inflating that bubble. First stocks. Then the US Dollar. Next real estate? Keep borrowing...