Quote:
Originally Posted by hentchiu
SPY @ 400 by 2015... unfortunate ...no one would be able to forever use borrow money to pay debt ... simple math ...
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One of the best trades in the forceable future is to short SPY.
If we do go into another recession, it will be even worse than 2008. We can't bail it out again and double the debt to $30 trillion. Plus, the real estate market, which never recovered, is going to drop even more with higher unemployment and never ending foreclosures.