With many nations in demographic decline, economies must naturally follow. China, Russia and most of the west are in the same boat. Pending health care legislation promises to discriminate against the elderly, infirm and handicapped: It’s eugenics at its best, and very dangerous. The market is ready for a correction of the recent rally, prior to another thrust up to what may be final highs for the overall bear market rally that started in early March 2009.
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