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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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From: Chispas3/7/2005 1:33:03 PM
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" If my assumption about the existence of this conspiracy is correct, then the end-game of the regime of irredeemable currencies will be stretched out by another decade or so. However, that decade will not be one of inflation most observers expect. It will be one of deflation and world-wide depression which hardly anybody expects. Speculators shorting dollar-bonds will be massacred, and people in debt hoping to find relief in inflation will be squeezed out of their possessions. Reports on the demise of the bond bull have been Grossly (sic) exaggerated. Bill Gross, the self-styled Bond King, now talks about tsunami in the bond market with several more waves to come....."

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