Danger Ahead?

I should say, DANGER AHEAD!

http://www.cnbc.com/id/38989636

I am so sick of the financial news pundits, I almost can't watch anymore. Any economist that sees what is happening in the economy is labeled a doom and gloomer.

Look people, it is what it is. They are just trying to give you an accurate read on our situation.

Also, this crap about economic pessimism being a self fulfilling prophecy is just that...crap. People either have money to spend and invest, or they don't. Right now, they don't. And if they do, they are not going to invest until they see a hell of a good investment. These are tough to find in a deflationary environment.

So, if you want to take the advice of the financial news pundits instead of the world's most respected economists, go ahead.

Buy stocks hand over fist. Rack up some credit card debt. Spend, spend, spend. Because that is what we need....more debt to keep this economy going!

But if you want the correct advice...stay in cash until the market has a big fall. Then you will have massive, real investment opportunities. If you are caught without a pile of cash as this depression evolves, you will regret it.