Monday, November 28, 2005

Perfect Capture of My Sentiments

I am a bear on the economy. I know that. I am a bear right now because I am convinced that the American consumer can not forever increase their debt load to prop-up consumer demand, and that the housing market is shutting down the great ATM in the sky that we have been relying on for the past couple of years.

Elaine Supkis captures this sentiment perfectly:


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