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

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To: Tommaso who wrote (58266)	4/15/2006 10:01:11 AM
From: UncleBigs	Read Replies (2) of 110194

how exactly do you see the debt and speculation gets cleansed and the imbalances corrected without a depression? the seeds for the next depression were planted by Greenspan and our reckless government spending. It's either take our medicine now or destroy our country's currency. I don't want a depression. I just believe it's a given at this point and the sooner the better. The longer we try to delay the pain, the deeper and longer the ultimate washout. Encouraging debt induced spending and speculation is not a path toward long term sustainable prosperity.

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