World markets about to enter the "Danger zone"...

[flintlock]

Re: World markets about to enter the "Danger zone"...

+1

The idea that small business' problems are all the fault of Obama, or the current administration, beggars belief. As you say don, the root of these problems has been decades in the making, involving the policies of numerous administrations, Democrat and Republican alike. Obama gets to carry the can for the mess because I suspect this is no longer "W's recession", it's now Obama's recession in the minds of most Americans. That the spendthrift Republicans have suddenly discovered austerity is hilarious beyond imagination...

I agree. I am no fan of Obama, but I fear this over simplistic, blame Obama business will mislead the masses into electing some Pro-FIRE repeat of the same old same old. Die hard Republican friends seem convinced that things were just hunky dory until the Big O came to Washington. Now he hasn't helped the situation for sure, but I doubt we'd be on the road to riches now if Obama had lost out to McCain. Just makes me realize how easily people are swayed by their own particular party's propaganda efforts. I have virtually zero hope they'll ever "get it". The danger of FIRE is totally lost on 99.9% of Americans. I'm currently looking for an exit strategy from the US.

[GRG55]

Re: World markets about to enter the "Danger zone"...

You're misunderstanding me. I'm referring to a manufactured bubble, not manufactured housing. I could have been clearer.

Who says manufacturing is dead in the USA ;-)