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

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To: John Vosilla who wrote (88761)11/8/2007 7:29:47 PM
From: DebtBomb  Read Replies (1) of 110194
 
No....sorry, I disagree John. The baby boomer spending wave is about to fall off a cliff. There won't be much demand for anything except health care and wheelchairs for 78 million baby boomers. Supply and demand. Not to mention massive record debt. There will be a fire sale. Everything will be up for sale. 1990 Japan. 1929 U.S.

Throw in peak oil as icing on the cake.

There's already too much for sale, too much debt, and not enough money except to buy oil.

No point really in even going into deficits, busted social security, medicare, and underfunded pension funds.

Bernanke is getting ahead of the deflationary cycle with rate cuts.
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