Monday, November 10, 2008

Consumer bubble collapsing

http://www.prudentbear.com/index.php?view=article&id=10098%3AThe+Great+Consumer+Crash+of+2009&tmpl=component&print=1&page=&option=com_content
"It is easy to ignore the storm if you look at the opposite horizon.  When the storm reaches your location there can be no more ignorance."

http://market-ticker.denninger.net/archives/618-Congress-What-Bernanke-and-Hank-Arent-Telling-You.html Congress: Think.

Ben and Hank have both told you that the critical issue for the economy is for "lending to resume", stating that it has dramatically contracted.