The reaction of Walls Street investors is not surprising. This was bound to happen eventually. Right now the bond market has only been held up because our government is printing money to hold it up. This can't continue. Either way our economy is going to deteriorate. There are no easy answers here. An honest correction needs to happen, whether it is today, next week, next month or next year. The sad part is that all this foolishness is going to hurt some really good people who have played by the rules and tried to do the right thing.

Comments are closed.