[jaguar]

That guy is a touch fuzzy with his number comparisons and way, way too positive, to try and claim that the level of household debt is not an issue by comparing it to household assets in not my idea of good analysis. There are some big ugly problems floating around and the situation at the moment seems to be a very delicate balance of a huge number of factors just about balancing each other out, it's only going to take a domino or two for something really messy to happen. Short term isn't too bad, damoclean swords aside but the long term - particularly if bush is re-elected - is well, I'll be looking at gold, put it that way.