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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Real Man who wrote (5147)1/15/2004 1:58:03 PM
From: mishedlo  Read Replies (1) of 110194
 
VI I just do NOT buy that one bit.
If one lived abroad that is true.
For someone living in the US, that 30% drop in the US$ probably matters about oh shall we say 2-5%.
Health costs are not going up because of the falling $.
Manufactacored good are still falling in price.

For someone in Europe buying the DOW they perhaps made nothing. A claim that those in the USA made nothing either is quite simply preposterous IMO.

Mish
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