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

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To: benwood who wrote (36999)	7/26/2005 1:20:37 PM
From: Crusader	Read Replies (1) of 110194

I couldn't agree with you more. The reality is that incomes are not even remotely keeping up with inflation which is rearing its ugly head in home prices and trade numbers. This is in the face of continual pressure on wages due to globalization and rapid increases in productivity due to technology. There is going to be one hell of a hangover from all this! I can't see the Fed backing off on rate increases any time soon as they have been left with no choice.

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