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<blockquote data-quote="Caustic Burno" data-source="post: 350751" data-attributes="member: 694"><p>I think we are headed for a Bear market and I run quite a few head in that pasture.</p><p>Americans have went from saving 5% to -1% in the last five years, they are borrowing to live a lifestyle. They all want the Mac Mansion and the BMW. Time has came and that debt has to be serviced. This is going to pull money out of the economy and put us in recession. Difference in recession and depression</p><p>recession your neighbor is out of work depression you are.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 350751, member: 694"] I think we are headed for a Bear market and I run quite a few head in that pasture. Americans have went from saving 5% to -1% in the last five years, they are borrowing to live a lifestyle. They all want the Mac Mansion and the BMW. Time has came and that debt has to be serviced. This is going to pull money out of the economy and put us in recession. Difference in recession and depression recession your neighbor is out of work depression you are. [/QUOTE]
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