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

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To: Mike Johnston who wrote (66615)7/21/2006 1:22:53 PM
From: UncleBigs  Read Replies (2) of 110194
 
the top .1% is getting richer. that alone doesn't drive inflation.

How much more gasoline can that group consume?

they already have every luxury they can imagine.

GM and Ford are cutting production. Polaris is selling 20% fewer atv's. Walmart's same store unit volume is down.

That's a lot less steel and other raw materials getting purchased.

Goldman Sach's partners can't make up the difference.
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