Monday, July 16, 2012

Zero Hedge waves several red flags today

This one strikes me as the largest: We're not going to grow our way out of the present economic mess. We're too busy growing the pit that's about to swallow us

Ex-OMB Director David Stockman is also out with new a new warning.

And here's a bit of speculation regarding the next financial rescue steps. The only things it may accomplish is revealing how far we've fallen, and that all the Fed's ammo's been spent.

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