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...
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.