RE: RE: RE: RecoveryIt will end with the drop of a century. The same way every ponzi scheme ends.
People are so desensitized to bad news that everything is shrugged off. Look at the article with all those states who have said they have have stopped paying their bills. They have said publicly that they have no idea what to do. The muni bonds are already crashing.
Remember "Mark to Market" - all the talk of bears in 2009. Those losses are still there on the banks books. The banks have been bankrupt for years.
The mkt has simply been consolidating prior to the next crash, which is coming right away.
SC