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

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To: John Vosilla who wrote (66628)7/21/2006 1:56:01 PM
From: Mike Johnston  Read Replies (2) of 110194
 
No question that they will get hurt badly in a deflationary recession.

They would come out better in an inflationary environment. Losses in stocks might be offset by cash flow from income producing businesses and real estate.

Most of the upper class wealth is in businesses, real estate and stocks in that order. Nobody has ever become rich investing in bonds.
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