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


To: russwinter who wrote (28942)3/19/2005 11:22:15 PM
From: mishedlo  Respond to of 110194
 
Outsourcing the Soul of the US
globaleconomicanalysis.blogspot.com



To: russwinter who wrote (28942)3/19/2005 11:26:19 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Still convinced support for US debt securities are natural private buyers betting on deflation?

Betting on deflation?
I never said that although I believe 100% it is coming and it is unavoidable.

Much of it is looking for a place to park money as nowhere else makes any sense!

I repeat for anyone who cares to listen:
The outcome of EVERY credit expansion is a credit bust.
That bust WILL result in deflation.

Please tell me when mal-invested capital was not wiped out!
When!!!

Mish