Scary, and probably true. Now what do I do about it?
Saturday, May 29, 2010
RICHARD RUSSELL: “SELL ANYTHING” | PRAGMATIC CAPITALISM: "Do your friends a favor. Tell them to “batten down the hatches” because there’s a HARD RAIN coming. Tell them to get out of debt and sell anything they can sell (and don’t need) in order to get liquid. Tell them that Richard Russell says that by the end of this year they won’t recognize the country (italics are mine - rr). They’ll retort, “How the dickens does Russell know — who told him?” Tell them the stock market told him.”"