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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (10802)3/24/2004 11:19:47 AM
From: mishedlo  Respond to of 110194
 
They will only "get religion" if inflation roars and their equity is suddenly significant. AND for the life of me, I cannot get a good handle on which way this goes!

They will get religion when they lose their job and are upside down on their house. That is when they get religion. And that will be enormously deflationary.

Mish