If the liquidity issues that are showing now continue, then we will see a repeat of the 2008 downward spiral. I'd hold onto the powder.
If the liquidity issues that are showing now continue, then we will see a repeat of the 2008 downward spiral. I'd hold onto the powder.
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken