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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (90576)1/17/2008 5:16:32 PM
From: benwood  Read Replies (1) of 110194
 
"just print the money and tell people in other countries to shutup and send us their goods, period, nothing in return and nothing new produced or saved on our end, just raw consumption"

In other words, we are a cancerous tumor.

Unfortunately it has metastasized in Iraq, Wall Street, Washington D.C., Corporate American. The nodule in the mortgage industry grew so large that it sucked the life out of itself, leaving a sinkhole which is growing slowly towards our pension funds. Just beyond the pension funds, there's a band called the Middle Class. Will it be devoured, or will the hole stop growing before it's too late?
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