“Larry Kudlow labels this the ‘prosperity era’. Rather, it is the mother of all credit expansions. The debt bubble this cycle makes a mockery of 2003-07. We know how these end. Only pigs wait for the peak.”
David Rosenberg
QUOTE OF THE DAY
“Larry Kudlow labels this the ‘prosperity era’. Rather, it is the mother of all credit expansions. The debt bubble this cycle makes a mockery of 2003-07. We know how these end. Only pigs wait for the peak.”
David Rosenberg
Larry has had, has, and always will have his head up his ass. That’s why he is so good at spitting out stupid shit.