Friday, September 10, 2010

I'ts Time To Get Real!

A little housekeeping before the videos.  This site will be down for the next week because I will be away.

Please feel free to chat amongst yourselves in the comments section.

I will chime in when I get a free moment, and I might try and put up a post at some point.   No promises though...

Scott Bleier

We actually heard the truth from someone on Wall St yesterday.  Scott Bleier of Create Capital came out and basically told it like it is.

If we continue down this economic path we will most assuredly loook like Japan when it's all said and done.

There will be no recovery until the "digital debt" that we created with various credit Ponzi schemes is either defaulted on or marked to market.

Great stuff here...

Enjoy and have a safe week in the markets.  I'll be back next Friday.

J






Part 2

6 comments:

getyourselfconnected said...

Have a great week off and enjoy NFL opening weekend!

Tom said...

Have a good break Jeff and thanks for answering my questions.
Tom

Anonymous said...

Thanks guys

Hangin in Florida for the week and loving it already.

getyourselfconnected said...

Check out my steak pics tonight, you will like it!

Steeler D too much for Atlanta! I was surprised on that one. Polamalu is awesome!

Patriots looked terrifying today, nasty good.

Anonymous said...

Funny!

Jeff said...

Thanks anon.

Get

I know. Good day for our teams. What a run to end the game in OT.

Market up on the basel regulations. This turned out to be another regulation without any teeth. They have 8 years to raise capital. What a joke! Japan already tried hiding losses for a decade. How did that workout?