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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: patron_anejo_por_favor who wrote (8769)2/26/2004 7:43:39 PM
From: mishedlo  Read Replies (1) of 110194
 
exactly - The whole damn purpose and ONLY purpose is to keep the US consumer spending.

Greenspan wants to do it
Bush wants to do it
Japan wants to do it
China wants to do it

It is a question of
a) does the consumer give up first (due to job losses)
b) do we get price hikes that will force the issue
c) rate hikes that force a and b - This is a very remote possibility IMO
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