Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: NOW who wrote (72842)	12/26/2007 3:12:07 PM
From: Mike Johnston	Read Replies (1) of 116555

Debtors and the gubmint, of course. The gubmint will benefit in 2 ways. First, because they will pay their debts off in worthless currency. Secondly, there will be no social unrest, because there will be no deflation i.e. no 90% decline in house prices, no 30% unemployment rate and no 20 million foreclosures. -g-

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