But NOT time to go YET!!!!!
Are you ready for a FLOCK OF BLACK SWANS......9.09
US credit shrinks at Great Depression rate prompting fears of double-dip recession
Both bank credit and the M3 money supply in the United States have been contracting at rates comparable to the onset of the Great Depression since early summer, raising fears of a double-dip recession in 2010 and a slide into debt-deflation. "There has been nothing like this in the USA since the 1930s," he said. "The rapid destruction of money balances is madness."
Recession????? This time around we have MASSIVE leverage. MASSIVE LEVERAGE!!!!!