NO WONDER....You See So Many Gloomy Outlooks on this Site from the Righties! They are Reading these Insane Predictions about Imminent Doom, and They Actually...BELIEVE THEM!!!
What 90% of the Readers DON'T Understand...is That, in 90% of these Cases, the "Prophets of DOOM"...NEED You to FALL for their Vision of Apocalyse, ...IF...They are going to SELL You Their GOLD FUNDS, Hedge Funds, or Whatever!
I've SAID it BEFORE, I'll SAY it AGAIN: In 2012, the Economy is Growing at @2.8%. In 2013, it will Accellerate to @3.4%. In 2014, it will Grow by OVER 4% !
The Budget will be Cut Further, which Will Enable Budget Deficits to Decline Further, and Especially their Relationship to GDP, which is the Really IMPORTANT Factor.
We HAVE Survived a Close Call...with Financial Armageddon(2008-2010)..and we ARE...on the Mend!
This is an ACTUAL Fact!
By the WAY, ANOTHER FACT...Did Anybody NOTICE...we Actually Had a $59 Billion SURPLUS for the Month of April? Bet they Don't Tell THAT Fact on Fixed TV NEWS!
And Because Corporations are FLUSH with Cash...they will CONTINUE to Raise Dividends, and Split Stock, and THIS - will Drive the Market to NEW Highs - By Late this Year, or early NEXT Year, at the Latest!
We WILL..Continue to Grow, and Capital Spending will Continue to Grow, and Profits will Continue to Grow, and By Early 2013 at the Very Latest, we will SEE...that the Housing Apocalypse(2007-2012)...is FINALLY Over, and BUILDING will Be Moving Up, -AGAIN!
I'll Put MY Predictions Up against...this Clown ANYDAY!
SEE...what the REALITY is...Next Year at This Time, and if I'M...MUCH Closer to Accurate than HE is...for God's Sake, STOP Listening to the "End-of-the-Worlders"!!!
By THIS TIME...Next Year, MANY People will Want to Build a New Home, and Many More will be Ready to Buy an Upgrade. And INTEREST Rates will STILL Be Near Historic, ALL TIME LOWS!!! Many more will be Remodeling, and I Fully EXPECT...THIS will Actually Begin...THIS Summer!
Right Now, Things DO Look TRYING: But You Can Bet Your Bippy...That Germany, Britain and France will DO what they HAVE to...To Stabilize Europe, and WE will Continue to GROW!!!
Stop Freaking!