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

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To: Crimson Ghost who wrote (111627)5/17/2010 10:35:15 AM
From: Wheaties  Read Replies (1) of 116555
 
the worse savers do, the better every asset does. the less jobs are lost.
yes those with the most assets do better, but" we are all keynsians now" ( nixon)
so what should we do. play the game and try to make, or at least keep whatever you have. Keyens was wrong, savers are what drive investment, and that fuels growth. with low or zirp, we got 20 years in 5..now we have 15 years ( from 2004-5) to pay.
when all assets go down in the next couple years, those with more assets , will lose more. those with cash will lose to inflation, but they should see the point when their cash will be king, then they can own assets they would never have been able to buy w/o the downfall.
i.e they will be rewarded.
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