Denninger has just posted a visceral tirade on the prospects of "investing" in the current market:
"What are the odds folks? Hairdressers getting $500,000 mortgages again? You think so? HELOC's out the Wazoo while all the existing dead ones are still around everyone's neck? Government borrowing a trillion a year from whoever will lend it, all while taxes are going up, health care legislation has been passed, all manner of other cock-and-bull economy-destroying crap is coming (Carbon taxes anyone?) and yet - it will all be ok?
BULLSHIT."
More after the jump:
Come To Jesus Part Deux - The Market Ticker
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