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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Sea Otter who wrote (69693)9/30/2007 12:21:44 AM
From: elmatador   of 116555
 
"Why won't US admit inflation is rising?" Because the salaries will spiral upwards. Inflation is there but it is repressed. Like a pressure cooker without a valve. Pope are day by day become more poor. That is: more and more of their income goes to pay for their livelyhood with less and less discretionary income.

I saw that film in 1979 in Brazil before the "Lost Decade" started 3 years later.
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