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

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To: Gulo who wrote (45305)11/11/2005 10:11:34 PM
From: John Vosilla  Read Replies (1) of 110194
 
The scariest part of all is the housing and consumer debt bubbles are in great part fueled by low interest rates which are low in large part to underreported CPI. Eventually there will be hell to pay for this mess and our twin deficits too boot and no way maestro Ben B can stop it.. Either devaluation and much higher rates as foreign bagholders lose confidence? Or Mish's deflation and possibly depression?
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