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News Link • Economy - Economics USA

Mish: I'm Sure Glad The Recession Ended

• GlobalEconomicAnalysis.blogspot.com
 
Next think about what the massive wave of boomer retirements might do to boomer spending habits and future tax revenue. Next think about the implications on consumer spending habits were tax hikes attempted to cover any shortfalls. Then please consider just what might happen if the US stock market went sideways for five years. Finally, please consider just what might happen if the US stock market were to mimic the Japanese Nikkei like this. click on chart for sharper image But hey, not to worry, after all the recession is over, the above charts are a mere figment of everyone's imagination, and what happened in Japan cannot possibly happen here.

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