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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (50386)5/2/2006 10:50:35 AM
From: John Vosilla  Read Replies (1) of 116555
 
"Everybody is leveraged but only few can actually profit from that leverage as leverage for the wealthy is essentially free but leverage for the the average and the poor is just about unavoidable and hugely expensive and getting even more so."

They are leveraged to big screen TV's,new cars and granite counter tops they really can't afford. But on the flip side sitting in cash ain't going to be king either except if you pull the trigger quickly when opportunity strikes like in the 1970's.
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