Quote from denner:
Because the ability to service debt is already severely strained and further increases in the cost of living make it a certainty that we will experience another round of serious defaults.
I'll never understand the stupidity of you guys who look at the world thru "the stock market" as if it's the be all, end all to everything. Of course, you are also the very same fools that Bernanke et al. count on for support as you see the S&P at 1300, but ignore gold at $1400+ and silver at $35 along with crude oil over $100...not to mention just about any commodity in existence.
