SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (23151)12/9/2004 2:28:00 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 110194
 
Worth a mention that silver mining shares have held up remarkably well in view of the $hitcanning that happenned to the POS today:

finance.yahoo.com



To: ild who wrote (23151)12/9/2004 2:43:20 PM
From: Crimson Ghost  Read Replies (3) | Respond to of 110194
 
Trotsky's argument that the Fed cannot ignite inflation if there are too few willing borrowers is wrong.

All the Fed has to do is to start to monetize some of the huge pool of existing debt as Bernake has threatened.



To: ild who wrote (23151)12/9/2004 9:26:13 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
in a deflationary era, the pool of willing ( and able ) borrowers tends to shrink over time.

no doubt true, but we should also remember that creditors and borrowers in the US are willing to go to any extreme to keep the credit bubble going. even 5 years ago the credit excesses of today's housing bubble would have been unimaginable. obviously nobody with authority has any interest in stopping it. sure, the aftermath will be so much the worse, but the willingness to extend the cycle means it is difficult if not impossible to time.

but here's to tryin'! -g-