you have never seen a greater period of ongoing "fiat" creation to counter the 2008 effects than the last 4 years: that's the trend to watch
not what some PE is going out years from now. PE's become secondary in those type of scenarios and that's the one we've been in for quitea while now. Techstrategy, you shunned my saying that from last Summer and how has that worked for you fighting it or Sybil? not so good. At least you get the benefit and something like GOOG being long while Sybil the clown keeps talking crashes. You can't crash when the system of which we are based on is pumping the #$%$ out of the lifeblood that keeps it going higher and higher. It's that simple
You are right that those in power have been doing everything they can to postpone reality. Despite all of that, there are fundamental constraints on the system that make this time different. this is not Japan since its bubble. We are decades later and our problems are of a different scale and the context (initial conditions heading into the crisis) is very different. Keep buying.
I don't have to keep buying. That happened long ago. You have to keep timing your puts to different months of where you are guessing about the doom to befold here. good luck fighting the powers that be on that one. Hasn't worked so well so far now has it.