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

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To: GST who wrote (52951)2/7/2006 3:00:16 PM
From: mishedlo  Read Replies (2) of 110194
 
I think that US incomes will, on average, fall below incomes in large parts of the rest of the world, and unemployment will rise.

I believe you are speaking on a relative declining % basis or something like that. Is that correct?

US wages certainly are not going to drop below wages in China, or India or Brazil or any place like that.

Mish
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