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

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To: russwinter who wrote (22735)	12/2/2004 8:43:35 AM
From: loantech	Read Replies (3) of 110194

<"I have never seen a time with so many optimistic signs" for the industry, said Bruce Hertzke, CEO and president of Winnebago Industries Inc., attending the industry's annual trade show this week at the Kentucky fairgrounds.> Sounds like Winnebago in the 70's and then later in the 80's. That must signal a top. Russ are you and I missing something here? I read an article the other day seemed to say maybe a greater segment of the population in the USA is making over 100K per year than ever? Maybe that is false memory syndrome I don't know, but how are people buying so much as far as Cars, RV's, McMansions etc,? Sure credit is easy but they have to pay something? I don't get it. No inflation hell. My personal energy, food, and insurance costs are up. The only reason I am fine is we have a dinky PITI expense.

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