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

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To: russwinter who wrote (65604)7/8/2006 1:38:13 PM
From: GST  Read Replies (2) of 110194
 
Russ -- I agree 100% -- the days of cheap everything for Americans is over -- cheap oil, cheap credit, cheap labor. You know my view, we are facing an era of stagflation. On the environmental front. I se that the supreme court is hearing a case where the EPA would be forced to recognize green house gasses as an environmental hazard. ONly in America is that in dispute. It will be nice to see the US being dragged into the really big environmental issues of our day. The wasteful use of everything that we fondly think of as a 'high standard of living' is coming unglued. Welcome (all of us) to reality in the 21st century.
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