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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (16164)11/17/2004 11:34:19 PM
From: yard_man  Respond to of 116555
 
>>Banks aren't making a lot of money but so what?<<

there you go -- now consider how large the financial sector has grown (it's a lot more than the banks that depend on the monetary inflation engine, so expect a huge number of businesses to go bust compared to the number seen in Japan)==> lots more jobs lost -- hard to get re-elected??



To: mishedlo who wrote (16164)11/17/2004 11:36:41 PM
From: TobagoJack  Respond to of 116555
 
deflation should be welcomed, unless one is at the receiving end, for example in this trade, deflation is good for one side and not as great for the other sex141.com (warning: adult content)


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