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

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To: GST who wrote (90151)1/6/2008 6:02:22 AM
From: Handlarz Piotrek  Read Replies (1) of 110194
 
I think everyone should pray for Mish's scenario to come to pass.
We should pray for the mother of all deflations.
An ultra deep, horrific, catastrophic, terrible Grand Deflation of biblical proportions that would make our standard of living soar.

I would love to purchase some waterfront real estate in Florida for 50K, i would love to pay 80 cents for a gallon of gas, i would love to get a haircut for $3, i would love to get a set of brand new wheels for 5 grand and get a $5 good restaurant meal.

I have a feeling that some day we will be lucky to pay those prices. Unfortunately it will probably happen only after 3 ending 0's are chopped off of every price and every dollar bill, just as it has happened last week in Venezuela.

-g-
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