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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Mike Johnston who wrote (88017)10/27/2007 12:10:05 PM
From: John Vosilla  Read Replies (1) of 110194
 
I totally agree with that post Mike except many in the middle class decimated by the housing crash are already in debt slavery..rising costs from the other factors seem trivial but are real to basic survival on the back side. Housing depression actually seems to be an additional driver to the real economy booming due to keeping a lid on interest rates, reported inflation and capital again being allocated to more productive uses again..Perhaps when housing recovers the economic boom turns to a stagflationary bust?
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