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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: MulhollandDrive who wrote (91867)3/4/2008 5:25:02 PM
From: GST  Read Replies (1) of 110194
 
<it won't work> Yes, it is absolutely futile. The housing bubble was a massive piece of wall paper -- behind which was an utterly rotten edifice called American finances. The "players" in this game would do anything to re-hang that wall paper, but it just won't stick. Now the truth is there for all to see -- the dollar is dead, the US is wallowing in debt and sinking deeper into it every passing second as the current account deficit rips the heart and lungs out of our economy body, and the price of everything is rising faster than a speeding bullet. The irony of it is that much of corporate America has gone global and will escape relatively unscathed.
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