The Cure is adding more Economic Risk

Irresponsibility is Rampant

The only part of the Economic Savior Act that makes sense is the $ 1200 per person helicopter drop, and that was only needed because their employers have squandered their assets.

Saving the corporations only leads to increasing the bubbles.

If companies had followed a disciplined management approach since they were saved the last time in 2010-2011, they would have had reserves to take care of their employees for 45 days.

This goes for the little mom and pop companies also, everyone has been way to leveraged.

Now they get saved again, nobody learns anything.

Rethought short bond ETF position, getting out, started yesterday.

So here is a chart that tries to illustrate the Big Picture.

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