Where I want to go is what happens if GM and F can not pass on those steel hikes. Surely you 100% agree that they can not. Now what about Walmart that tired to pass on hikes and then BAILED? The end game is here Russ.>
We may be at the end game for more and more non-Bullys, you know younger or lower middle class people that live in the wrong area of the country or bought houses too late, or not at all, or older people on fixed income, or who live off of savings (low interest), or folks that don't work in the financial sector, etc, etc. He's the part of the economy Greenspan just ignores in the bogus inflation numbers. And now that neglect is coming home to roost. Obviously not everybody has been an asset Bubble speculator like the Bullys, and yes in human terms that's a lot of people. But less so in economic terms, that's my point, Two Americas and getting worse and worse too,
Message 20862995
and it's important to distinguish the two, and not go just by head count.
A Bully can spend five to ten times what "real people" can spend. He's like Mighty Mouse and Supperman (not misspelled) all rolled into one. Bully is the Terminator, the Train Wreck, the Leviathan.
freesearch.co.uk
He powers inflation, consumption, consumption, waste, waste, sending out maladjustment signals throughout the economy. Easy money is Bully's friend and Bully's running rampant and amok in the economy. The real story is the Bully Bubble, and how much more can he extract from his Bubble assets, and consume. If you see signs of real stress beginning there, then we have something big, you'll will have my undivided attention. Trouble with WMT customers, deliquencies among sub-prime borrowers? Hell that's just an excuse for the Wizards to feed Seymour
Message 20862703
(Bully) more inflationary plant manure and the carcasses of non-Bullys. |
