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

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To: benwood who wrote (64631)6/26/2006 10:56:47 PM
From: John Vosilla  Read Replies (1) of 110194
 
Haven't we seen this before several times? Usually the imbalances unwind in year 6 or 7 of the decade cycle after a period of speculation starting in year two of the decade in a certain asset class and commodities like steel also in a bubble of their own. What happens this time to resources and interest rates with the US consumer so overleveraged while Chindia is in a growth mode to middle class lifestyle that results in a current shortage of 50M new homes along with a new insatiable appetite for US consumerism?
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