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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ChanceIs who wrote (207841)6/22/2009 8:15:04 PM
From: PerspectiveRead Replies (2) of 306849
 
In the "duh, why didn't I realize THAT earlier" category:

I've just read through a bunch of quarterly earnings reports, and virtually every one of them has trumpeted how much debt they've paid down. The massive deleveraging going on isn't just about hedge funds and consumers - it's also highly dependent upon the actions of corporate leaders. And they're paying down debt bigtime. As long as that continues, I think the inflation-bugs are going to be disappointed, even with Obama fire engine spraying around liquidity.

`BC
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