The increase in debt ceiling is increasing with tremendous pace. If everything sorts out this time it will tKe about a year till next increase needs to be made in order to keep things "afloat". This literally tells you that the whole money system is a joke. It works well in the begining when the system is implemented, but as the years pass and greed takes over, this is exacly what happens. It has happened to every King and Kingdom that ruled during medieval times and this is no different. The difference is that no gold or silver coins need to be melted down and made less valuable, while tye amountof coins in circulation increases. Now we only need a few strokes on the computer and thats all.
Maybe you are right. Maybe a correcion is right around the corner.
May be a good time to load up on some TZA or FAZ calls? The way I see it, whether your blame it on the Republicans or the Democrats, the bottom line is the two can't get along and next month with the debt ceiling debacle, we're likely to see a shake up in the markets. We're due for some sort of a correction anyway.