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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (75518)12/13/2006 12:36:39 PM
From: pogohere  Read Replies (1) of 110194
 
" It does not matter to the seller if you buy less."

I bet that would get his attention. He's gonna need to find someone who can buy his stuff or he goes out of biz. If as you believe the economy slows (fewer jobs? lower wages?) and credit tightens, how do prices hold or even climb if the buyers can't buy?

Truly, how do you imagine US consumers maintaining the ability to buy what they buy now in the circumstances you foresee? Do you imagine US consumers managing to pay higher prices?
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