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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: robnhood who wrote (76445)3/18/2008 7:14:36 PM
From: roguedolphin  Read Replies (2) of 116555
 
<<<"Bill Gross, "Deflation the greater threat"----">>>

Bill Gross sounds like a rabid communist/socialist.....he's a dangerous man. Call Homeland Security or BlackWater on him.

....how is there ever deflation in a command and control governmental communist/socialist system???(Gross wants the government to buy up mortgages throughout the land to keep real estate excessiveley propped up).

Home prices need to deflate from the excessive credit debt/orgy that kept this house of cards economy in "prosperity illusion" mode.

This is lunacy....

...and this guy is one of the biggest players in the bond market??

No wonder the US financial system is one giant Clusterfuck!
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