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Friday, August 27th 2010

2:29 PM

Without Stimulus We Would Be Near A Continual Recession


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There is no doubt that the stock market and bond markets are growing based upon stimulus. This stimulus cannot be continued, as insurance on the default of US national debt is skyrocketing 35 percent from the lows. This cannot be good, and the Fed is between a rock and a hard place. Is the crunch coming as there is no bailout for mainstreet as time goes on?

Here is the chart. It is a disturbing revelation of how bad things are and what is keeping the economy going:






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