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

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To: Rarebird who wrote (90325)1/10/2008 12:21:46 PM
From: John Vosilla  Read Replies (2) of 110194
 
Most likely what you describe will be gradual along with Mike Johnson's call to hyperinflation IMHO. If it were to happen now it would be a total disaster and global economic crash. Much of it probably happens on the back side of this recession and end of the housing mess. A persistent rise in rates and broad based inflation across the board, perhaps 1970's stagflation light for most of the next decade.. Long term treasuries you won't want to hold that cycle. I always ask myself are 30 year treasuries the great value today that they were in 1990 or 2000 when they were actually several hundred basis points higher and inflationary pressures were miniscule compared to today..
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