We are way overdue- as The Grand Ponzi experiment is getting very old! JMHO P.S. it's way past due for Ben to resign too........
Market isn't going to crash because the one's manipulating this market own 95% of the market and I have no doubt they are all colluding to prop this pig up indefinitely. The ONLY way this market crashes is via a huge unforeseen black swan on the order of 9/11. It may be a terrorist attack like that, or the Japan bond market imploding, or the Euro breaking up, or the U.S. defaulting, or a massive war in the Middle East involving a majority of the region, or a massive asteroid crashing into Earth. But short of a black swan of that magnitude, I don't see this market crashing because the few entities of size that are in the market, fully own the market.
Good post-think a surprise end to QE or something with the debt or budget problems could cause someone to break ranks! Agree on the collusion or unwritten stock cartel-but the first one to break ranks would be the biggest winner if something happens like Ben admits his Grand Experiment not a total success!
Ben Bernanke should resign either this weekend, or by Wednesday at the latest-thereby giving President Obama a clear path to nominating either Larry Summers or Timothy Franz Geithner as the long awaited new Chairman of the Federal Reserve- with the prospect of a new return to reality in order to insure our long term future, and to stop the ever widening Wealth Disparity gap !