Wednesday, October 6, 2010

No one ever gets to retire, HBB needs you to work until you are dead


  1. At this rate, only one in ten will have something left to retire on.....which suggests the four-in-ten stat is actually a form of irrational exuberance within the context of the New Normal.

  2. I am Bullish on cynicism!
    good to see you here Tom.

    market predictions?

  3. I expect to retire when I become too addled to do anything but drool in a cup and watch nurses' butts.

    But that's just me....

    One more high and then a good pullback, if not more.

  4. Actually, come to think of it, I'm not that far from retirement! lol

  5. No predictions.....but what should have happened: bear market runs its course, zombie banks are unwound, fiscal prudence returns to D.C. and.....wait for it......a kick-ass jobs program gets launched resulting in some nice infrastructure improvements to our Nation as a collateral benefit. But noooooooo......cant do that. Bonuses on The Street would have sucked then..... So instead, I have to listen to every hedgie & their brother opine how we are the next Wiemar, Zimbabwe, etc. ; silver is headin To The Moon, Alice!; and China is the FUTURE......its fucking irritating....cause they will all be bidding up commodities during a deflationary spiral.

    Prediction? We get screwed....

  6. Relex if you remove food and energy there is no inflation!


Insightful and Useful Comment!