The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: shades who wrote (52114)	1/31/2006 11:58:39 AM
From: redfrecknj	Read Replies (2) of 110194

"From what I see Mish - as globalization continues, the poor and middle class of the USA go down, while the fat cats at the top get richer with cheaper labor. Outside the usa - the poor and the middle class go up. We have brought up china and india at the cost of our own middle class. The rich and powerful have not felt it - but elections are coming up." Slider recently put it his way: "Gordon Gekko's "greed is good" crowd has never had it so good...and if you stop and listen -- you'll be able to hear that large sucking sound -- as jobs, purchasing power, wages and savings are sucked out of the middle class and traded for debt as money is transfered into the hands of investment bankers and globalists..."

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