Debt

[farmerEd]

http://www.safehaven.com/article-2454.htm

A lot of the guys that post on this site (safehaven.com) are admitted gold-bugs, and have a vested interest in scaring people...but, even with this in mind, this article is a bit scary.

Anyone think the author is right? or is exaggerating his case? I think he is more right than wrong, but then again markets do have a way of being irrational for a very, very long time.

 

[brewer12345]

There are some areas of concern on debt levels, especially household, but otherwise the author is on crack. Reminfds me of some of the rubbish posted by our most despised participant on these boards.

 

[John Galt]

Verbose crap!