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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Raymond Duray who wrote (61252)3/23/2005 12:33:19 AM
From: energyplay  Read Replies (1) of 74559
 
"I see scant evidence of wage inflation in the U.S. That's what will be necessary for the home loans to become easier to pay off."

An increase in the value and income from assests - stock, land, real estate, and corporations. Assets vastly exceed debts and wages.

Trim Tabs reports that about 3/4 of recent mutual fund inflows are going to international investments.

So those people who are in the "ownership society" won't have trouble paying their debts....
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