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

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To: Tommaso who wrote (27867)3/5/2005 10:09:26 AM
From: mishedlo  Read Replies (2) of 110194
 
Except for the anomaly of Japan, with its pathological addiction to excess saving, deflation is no longer possible.

I just do not know how you can say that.
Europe is probably very close right now.

Please tell me exactly why it is "impossible" for a credit crunch to happen in the US.

I have outlined many things that could start one. I am not going to repeat myself but to suggest that it is "impossible" seems rather silly. I say it is not only possible but nearly guaranteed. What the trigger is I do not know.

Mish
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