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

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To: Mike Johnston who wrote (86179)9/13/2007 11:22:18 AM
From: John Vosilla  Read Replies (2) of 110194
 
'Where do these people went to school ? -g-

Oil hitting records, food prices skyrocketing, gold soaring, wheat up 100% in 6 months, inflation out of control, dollar collapsing, real interest rates negative'

Those in the Mish camp would disagree.. Long term rates are very low for a reason. Bottom line is these are very confusing times. Pockets of incredible booms and incredible busts going on simultaneously in a stagflationary rolling depression.. Only thing certain is over the long term cycle costs of everything will be much higher.
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