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

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To: mishedlo who wrote (30841)4/17/2005 1:25:25 PM
From: Crimson Ghost  Read Replies (1) of 110194
 
Another excellent essay cutting through the BS and getting down to the nitty gritty!

The bottom line is that the US is living way beyond its means and this cannot last much longer. This is not something politicians of either party or Greenie and his crew of bubbleoneons at the Fed want to hear.

The markets will have to FORCE such an adjustment as Paul Voker recently hinted.
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