The latest Mark Faber -pretty much agrees with what we've been saying in relation to yet another stimulus plan will be undertaken as the real economy does not heal on it's own; he does believe the massive monetary stimulus will create a longer fake recovery than we do, but I suppose that is dependent on how big the next stimulus plan(s) will be, how soon the $15,000 cash for clunker housing program begins, when the next Cash for Clunker cars program begins, and how long the Fed (as it talks about green shoots) continues to keep interest rates at 0-0.25% and mortgage rates near 5%.

Then after all that sugar rush, he says we begin to pay the price.

It's very difficult for me to make any forecasts out 9-12 months myself, because I have to see to what lengths the government and Fed will continue to go. My assumption is there is nothing that will stop them - they don't have to face voters until August 2010 recess so the piggy bank is their oyster for the next 11 months.