The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mishedlo who wrote (30841)	4/18/2005 1:28:34 AM
From: FrozenZ	Read Replies (2) of 110194

Great essay, thanks for that. I did think you sort of glossed over the number one export the USA has which is agriculture, made possible of course by cheap illegal migrant labor (different topic). In reading this and similar opinion pieces I am struck with a great sense of deja vu . All of the arguments made perfect sense to me the first time around during the Reagan years. Exploding budget deficits, trade deficits through the roof. Savings and Loan shenanigans, tax cuts for the wealthy, trickle down theory, going from the largest creditor nation to largest debtor. There were many books written back in those days, (1981) about why it all would explode in our faces. I believed it then and I believe it again now, but I have no idea why it is different this time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next