Does anybody think it strange that:

1. Some stocks are now at their 1930s prices? They travelled back in time through 90s, 80s, 70s recessions to the 30s.

2. Prior recession P/E levels always match valuations, but today the P/E is still 5x the last 5 recessions. This means that the P/E still needs major correction.

3. Prior housing corrections charts show that we need to lose another 60% on home valuations to match the charts.

4. This recession is being treated as a liquidity crisis, and it is a debt crisis. It isn’t just resolved by reflating debt.

5. Other media outside the U.S. is saying the our banks are truly insolvent because the loans, whether lower interest rate or not, are held by Americans with more debt than equity for the first time in history. They believe our crash is imminent, no matter how much we hype hope and create rallys with spending.

Related Posts:

• As China’s bubble market burst, U.S may begin it’s pullback like 1930.
• Stocks are going to affected more and more in the coming months, the bottom I’m afraid about to fall out.
• True, The Great Depression was bad, but can you rule out this as being simply a recession?
• This IS NOT an inventory recession, this IS a credit recession, LIKE 1930’s.
• To all the pessimist out there, This is from someone who “been there and done that”.

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