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Reggie,

Excellent research and commentary. Like some other site bloggers, I have looked forward to reading your blog with my morning tea and croissant. It sounds like the perfect storm, housing market crashing, financial markets in downward spiral, inflationary energy prices and consumer staples, lame duck president, the fed running out of magic bullets, Iran rattling its Sabers. It is going to be a long and painful decline, but could happen pretty fast especially if we experience any energy supply shocks in the near term.

Your site has been an education. Don't always understand all the acronyms but end up googling them. I tip my hat to you for swimming against the tide, but it appears that the tide is turning.