Well, the price action the past three weeks, certainly does not inspire much confidence in buyout. Then again Watsa does not seem like the type to blow smoke. Other bids? Well, one would think they would see some significant value here. If your long, just keep fingers crossed, says sources familiar with matter (LOL)
that inflation is never going to return, do not know history. Sooner or later we will be hit with big-time inflation. It is the eventual solution to the debt and redistributing wealth from retirees to the younger workforce. Those on fixed incomes will get the shaft. That's your older retirees and pensioners. The media blasts those receiving pensions now. If you want to take their money away, just stoke inflation, especially wage inflation. It's coming. And if you think that Social Security COLAS will keep up with real inflation, think again.