Demon Debt and the Dalliance of Denial
Stocks rose 70 points on the Dow yesterday. Gold went up $8. And oil is now selling for more than $85 a barrel. What are these numbers telling us? That there is a recovery? That inflation is increasing? That things are booming…? Every body is an optimist. House flippers are back in business. [...] Demon Debt and the Dalliance of Denial originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."
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