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time_and_tide

Reasons For "recovery"

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I can think of five, offhand:

- billions of QE

- summer a'comin' in

- low returns on savings

- coordinated media hype

- refusal to learn

I almost feel sorry for the suckers buying now - even more moronic and gullible than those who bought in '07.

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Fear is being promoted by the VIs

Fear is their biggest selling tool.

All we have to fear is fear itself.

after 10 years of HPI based on the fear of missing out, 18 months is not long enough for people to see reason. Fear is very easily reinstalled.

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fear, lies, propoganda.

Not really the way to run a country though.

...but the model used by most of the western world (and the rest of it, come to think of it...)

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