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

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To: John Vosilla who wrote (104542)8/21/2009 2:35:15 PM
From: Elroy Jetson  Read Replies (2) of 110194
 
We can have as much prosperity as we can afford to pay for, which is not much. We can't afford to cater a full Japan-style fifteen year period of economic stagnation.

I don't know anyone who thinks a new age of prosperity is around the corner. Do you?

What we need is a slow leak without the extremes of panic.

Of course, panic can always fun as well.
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