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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (45028)11/8/2005 1:27:34 PM
From: patron_anejo_por_favor   of 110194
 
Exactly right....the easy money has been flowing so long that J6P doesn't remember what "risk" means. This isn't so much a "Keynesian" economy or an "Austrian" economy....it's an economy driven by relentless consumption and even more relentless debt assumption, to the point where the consumer keeps going until bankrupt. Indeed it's just like Mr. Creosote and his wafer-thin mint, so I am dubbing it the "Creosotian economy".....
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