31-12-2012, 04:10 PM
(31-12-2012, 12:17 AM)Musicwhiz Wrote: Playing the Devil's Advocate - perhaps some austerity is good for the long-term health of the US Economy?
This exactly what I was thinking. It may be a necessary evil. The economy and markets suffer in the short term for a longer term gain. One should not lose too much sleep if one professed to be a true value investor. Should the talks fail, we should hold on tightly and brace ourselves for a roller coaster right. But please don't throw the baby and everything else out of the window. All the best and Happy 2013 to all!
