The U.S. budget is even SCARIER…
If you … after reading
“The Budget and Economic Outlook:Fiscal Years 2009 to 2019“,
the official estimate of CONGRESSIONAL BUDGET OFFICE …
STILL think, that the equitiy market can go up, that interest rates will not rise soon and the US$ can sustain that …
PLEASE start reducing your medication NOW
To be honest … IMHO … recession will not go away before 2011 … and equity markets can easily HALF again …
So … read and have “fun” … remembering … this is so far WITHOUT the Obama Stimulus impact …
means … deficit could reach 2tn US$ in 2009 … that is about 20% more debt in ONE YEAR … RESPECT …
YES, WE CAN … (but how long?)

