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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: UncleBigs who wrote (61474)5/20/2006 1:52:14 PM
From: GST  Read Replies (1) of 110194
 
The drop in real estate will cause prolonged stagnation, but in itself it will not send the economy into a deep pit. The drop in the dollar on the other hand will cause interest rates to stay relatively high and it will cause imports of goods and services on which we are so deeply utterly reliant to rise in price -- the most likely scenario is stagflation.
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