Thursday, April 29, 2010
Michael Krieger At Zero Hedge: It's the Last Dance, Folks
LAST YEAR I wrote about how the leaders in America were essentially fiddling as Rome burned. This fiddling has become an all out dance party and many investors have been dragged onto the floor one more time due to money printing, an inherent desire to be optimistic, a plethora of propaganda and rising asset prices. However, this is the last dance folks. Our corporate and political leaders have destroyed us. Chuck Prince would be proud.
Read the whole thing, if you dare. BTW, this last dance may go on for a little while longer. But don't let that fool you.
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