Friday, May 28, 2010

"Go long on tar, feathers, and rails"

By Monty Pelerin

"Finally, there may be some good news. Uh, not necessarily what you might be expecting however. The good news is that things are actually worse than believed, and the collapse will occur sooner rather than later.

Why is that good news? It is, only in the sense that it provides some equity. It punishes the generation most responsible for the mess."

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