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


To: Knighty Tin who wrote (22390)11/24/2004 10:52:15 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
<Kailish, the other irony of that dilemma is that if they raise rates very much, the consumer is toast, so there won't any need to get foreigners to pay for our consumption.>

The further irony is they also are toast as their biggest consumer of the goods they produce is history.