The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: eddieww who wrote (3694)	12/20/2003 11:24:33 PM
From: mishedlo	Read Replies (1) of 110194

They can crank out all the money they want. Does not mean anyone will want to spend it. Business loans are falling thru the floor, and the tailwinds of the refinance boom are over. Refinancing has dropped off 80% or whatever. That money supported the economy in a big way. Unemployment benefits are running out. Christmas season appears to be a bust. There is no meaningful pickup in jobs and what jobs there are, are bullshit jobs at Wallmart and McDonalds. To get customers spending, they are going after more and more and more marginal customers. Have you seen a chart of money supply lately? I am sure Russ or someone will be happy to post it. I lost the link M

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