deleveraging

Consumer Economy Will Lead to Big Woes According to Comstock Partners

We don't believe that the U.S. massive stimulus programs and money printing can solve a problem of excess debt generation that resulted from greed and living way beyond our means. If this were the answer Argentina would be one of the most prosperous countries in the world.

Comstock Partners Latest article is titled, Deleveraging the U.S. Economy.

I should note Comstock seems to validate what midtowng wrote about the stock market rally being for suckers.

This seems to us to be a "mini bubble" of stocks reacting to an abundance of "money printing" by governments all over the world since stocks are rising worldwide