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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: benwood who wrote (86328)9/14/2007 10:22:24 PM
From: Sunny Jim  Read Replies (1) of 110194
 
Good insight! I've got an aunt whose favorite comment is, "what this country needs is a depression". She's not a masochist, but her point is, a depression would really bring us back to some values that were shucked long ago. When we do get a good down turn, it will cause many Americans to realize that debt is not necessarily a wonderful thing. We might just become a saving society again.
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