> JJ wrote:
> Don't forget major players in healthcare (medicaid/care/prison health,
> military health)
> and rental landlords (public housing, foreclosures, back tax property,
> prisons, military housing)
>
>

::sigh::  Thanks for the reminder.

Oh, and even if all of the US savings (such as it is) were to run to
gov't bonds it won't be enough capital to replace the lost consumer
which is $11T of a $15T economy.

That means we'll be begging foreign countries to restructure our debt.

But one thing is for sure; no matter who's elected we're turnin'
Japanese I think we're turnin' Japanese I really think so.

The only question is does the next president make that call this month
and pull the trigger in Jan or take 12 months to realize it thereby
exponentially increasing the pain?

Welcome to the 1930s!

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