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Where is the Crash?
The Compound and Friends
The Bottom of Profit Margins
The ramifications of all of these things, to me, don't point to a rosy 10 or 20 years for the US consumer. I still ask me how much cash I have like 3%. It's good for profit because it's good for what you're describing is unfortunately very good for profit. But I think this is rational. I'm always afraid, but I'm always fully invested.
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