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

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To: John Vosilla who wrote (64075)	6/19/2006 11:32:38 AM
From: shades	Read Replies (1) of 110194

Yet restaurants are full, people travel, spend, hotels I went to baywalk in st. pete last night - big open air mall with the big theater in the area, it was easy to find a close parking space - usually it is very hard. Many open seats in the theater - not many people for the 8.25 per ticket - bad sign I thought. Even the cheap crack ho hotels are 60 bucks+ - average classy hotel 120+ - I really don't see how so many keep affording it. No more outcalls for me - or incalls either - gas too much - hehe. I see many restaurants have closed or changed ownership on this coast of florida. Like from classy chain restaurant to local mexican diarrhea fest. You are right though, the ones that have remained open are getting more crowded - I feel prices are going up and food quality going down. I think as Saville said - a volcker solution won't work this time - high rates will not save the dollar - Bernanke was given a pile of smelly stuff and no matter what he does its purchasing power is gonna go in the direction of our favorite bruce springsteen song.

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