Wednesday, March 6, 2013

The last time stocks were here

ZeroHedge has compiled a list of economic comparisons between October 11, 2007 and today.

Now ask yourself, of all the things that were systemically wrong in 2007 that gave us the last crash, what can you truthfully say has been fixed?

Even USA Today notes that the Dow today is where it is because the Fed is "pumping it with steroids." And to quote USA Today, "The longer the policy lasts, the more likely it will end unhappily."

From: Chart of the Day

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