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


To: Rarebird who wrote (19330)10/3/2004 10:29:03 AM
From: loantech  Read Replies (1) | Respond to of 110194
 
<The blunt global fact is that the USA can no longer stop its own internal credit expansion>

But how do they keep it going? Everyone has a new SUV or car, eveyone has remodeled or bought a new McMansion. Doesn't the buying have to stop? Consumers can't pay back what they already have IMHO.