The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: sea_biscuit who wrote (90841)	1/27/2008 2:33:28 AM
From: Proud Deplorable	Read Replies (1) of 110194

"I don't see wages increasing right now" It's a weird problem because if the US is trashing the dollar to help exports from the US this might prevent wages going up but on the other hand imports get more expensive so wages have to go up to maintain a standard of living. So the only thing I see happening is a huge drop in the standard of living but then it was too high anyway, way too high. Hey America, welcome to the real world once again. I don't see home prices going back up until the bear runs its course and that cannot happen until 2011 at least. These things run in 5 to 7 year cycles. Home prices were so inflated it wouldn't matter if wages went up or not, most people are tapped out and have lost confidence in that sector.

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