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: benwood who wrote (91818)	3/3/2008 7:49:46 PM
From: GST	Read Replies (2) of 110194

The question nobody wants to ask: What happens when the US dollar drops another 30 or 40% against major currencies? Deflation my a$$. Americans are going to learn the true meaning of living within their means -- and the means of the average American will not be a pretty sight to behold. Retirement savings? Forget it. Government debt? Watch it soar. The next "bubble" will be the stocks of global companies that seek global opportunity and the opportunity to exploit cheap US labor in pursuit of global markets. As for the housing market -- its over, its all over now -- sell it, walk away from it, do as you like, but don't kid yourself that your house is anything more than an expensive place to sleep.

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