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

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To: Paul Kern who wrote (89575)12/13/2007 9:12:45 AM
From: John Vosilla  Read Replies (1) of 110194
 
'It took Volker 10 years of raising the fed funds rate and mortgage rates in the mid-teens to kill stagflation last time'

No doubt history is about to repeat.. All the cards are soon to be in place. End of Chindia party of lower cost producer plus current housing armaggedon, two incredible disinflationary factors, within another 18-24 months will only accelerate the process.. Few seem ready for this dynamic.. Buffet even acknowledged this with his furniture business yesterday on CNBC..
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