In my opinion, you could not be more wrong.

Peak oil and overpopulation and environmental degradation are going to take it's toll. I'm not saying the apocolypse is upon us, but the way the west lives will never be the same. Count on it.

Also, when the US Dollar went off the gold standard, it went onto the oil standard. Now that's breaking down too.

In my opinion, North Americans are in for quite a lengthy period of turmoil and reduced economic activity. No debt movement, no growth. Period.

If the Dow gets to 35,000, you are going to be living in an inflationary hell.

MB