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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Canuck Dave who wrote (26)6/13/2003 10:53:45 PM
From: yard_man  Read Replies (1) of 110194
 
>>Eventually, somebody tries to cash in their paper profits and the cycle reverses.

When? <<

When everyone has a big new house and has bought all the goodies that they can afford by refi'ing for the nth time, I suppose??

Has to be some pt at which gains in employment in the financial arena can no longer make up for jobs lost in manufacturing or other "real" professions, eh??
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