Team Hedge Fund

“So will this turn out to be the start of a more substantial leg down? It might well, but on the other hand it may take a while as well. Come down it must though, no doubts there, and once you stop listening to the “recovery” and “stabilize” chants and look at the numbers they’re designed to hide, it is all too painfully obvious. There is no recovery, and there never was one. All there is are governments spending trillions of future tax revenues to paint over the worst of the damage, gloss on the lips of a pig that can’t wait to get back down into the mud. ”
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