Whopee, its not a quadrillion yet, lol. This is one reason the Federal Reserve may have a hard time scaling back QE. Without them egging the rates down the debt costs could end up eating up all the taxes and speed up the pace we add to the clearly unsustainable debt caused by a uncontrolled Federal pork barreling binge that never ends.

The best ETF is none. Buy a few stocks and build onto it. That way you don't pay capital gains except on dividends and don't have to worry about management fees and redemptions. You get the whole ball of wax which is why the brokers and the government want you in mutual funds and ETFs.

Good luck for all the suckers who remain in this fund.

Excess gas is even harder to store than oil. Without price increases to reward storing it, I suspect gas and oil will continue their slide unless some spaceship drops by and offers to buy it all to refuel their way out of the galaxy, lol.

Sadly, not much besides hopefully increased security since Microsoft can't protect its OS correctly. Most likely 2015 will be the end of the tech/semi upcycle. The biggest change if any will be 3D printing and more medical automation much like the DaVinci system. Price here will also drop.

What the tech sector really needs is 1) another innovator like Jobs, 2) better batteries like the electric car needs too 3) denser cheaper storage that lasts which keeps coming 4) a free Internet which becomes less free every day. Sadly, I hope we all enjoy the Internet today because taxation on purchases is around the corner, government spying for our own protection and the interests of government and businesses is becoming a reality, legal restrictions are making pretty much anything proprietary and unshareable, and countries around the world are trying to block access and data to their citizens. Most likely the free Internet we have will be corrupted and destroyed like the library of Constantinople. Hopefully, at least its total destruction will happen after I die.

Sadly, although the economy has increased due to Fed printing and increased population the quality of life has decreased. The only thing that has made up for this is technology, thank goodness. We can do more with less now, but it is clear today the average American has less than the average people way back then did.

The whole Eurozone is living in a fantasy world of unsustainable socialized welfare and jobs which the weak public sector can never pay for save Germany. It is not even the massive debt they can't repay that is the issue. Greece's whole economy is based around unproductive welfare which is masked as work for the state and on top of that sits a social system that is un-financible. What scares France, Spain, etc. to death is that Greece is just a bit further down the road to ruin that they are also following.

With 50% of Greece's population getting welfare or working for the government it is not hard to see why this is unsustainable. What are they going to do, tax and work babies to pay for their incorrigible system? It doesn't make me wonder why no one wants to work in Greece. Why work and sustain everyone when its hopeless? The best solution for Greece is to wipe out the government and make them part of Germany. But then again, that's the best solution for the whole Eurozone.

Worse yet are bankers who have gambled on oil and hoarded it since there was nothing much else to buy with the free dollars flowing from the Federal Reserve and since they viewed lending it to the public as too risky. Indeed rates at this low level are abnormal and can't easily cover defaults and bankruptcies. This is also a side not to the low rates and one the Federal Reserve refuses to admit. Their artificially low rates not only are causing oil to plummet, they have prevented the economy to be anything from normal.

Capitalism isn't capitalism when capital is free and made out of nothing with no adverse ramifications to those who make it. It is a fraud that is undermining everything. Indeed, downturns will be worse simply because we have adopted socialism and a command economy system rather than accepting capitalism. Watch out and learn that socialism didn't work in the USSR and doesn't work in the US either. The effects are the same. A gradual destruction of the economy no matter how large or robust.

Even more critical is getting the socialism out of our capitalism. Sadly, the big money players in our market like socialism that does out free and easy money to them oblivious to the fact that eventually it will threaten their very existence. The winners in socialism is those who mint money not goods or services and not those who have money but who get newly minted money. The effects of such a system are becoming apparent in the US economy already. The losers are naturally 99.9% of the rest of us.

I say that because the mid and low end of the market is financed through government bodies which has all but vanquished competition and those very bodies now dictate all rules regarding home buying much like a communist state. Last but not least, as stated by Fannie and Freddie's auditors and former management, there is no known way for them to ever remain profitable or even solvent without taxpayer bailouts every market downturn because there is no legitimate buyer of their loans. Even now, the Federal Reserve has bought their loans qith QE money in order for them to get enough liquidity to make even more bad loans.