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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: TimbaBear who wrote (49647)1/14/2006 1:25:40 AM
From: GST  Read Replies (1) of 110194
 
Notice that the deflationists have NEVER dealt with the realities of Japan -- a nation of savers running a huge current account surplus. They ALWAYS assume that the dynamic played out in Japan will play out in the US -- although the US is a debtor nation running a huge current account deficit. The deflationists do not live in the real world. They live in a make believe world where little problems like the current account deficit don't matter. I suppose it does not matter how lame that approach is -- they can think as they like. I simply need to learn to have a good belly laugh whenever our circumstances are compared to that of Japan and then forget about the silliness of it. I enjoy your posts -- all the best.
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