Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: John Vosilla who wrote (29974)	4/4/2005 12:16:14 AM
From: mishedlo	Read Replies (2) \| Respond to of 110194

So true but this would bail out the bankrupt airline and auto industries as well as the federal gov't, underfunded SS & pension plans. Wages also would rise and the coastal housing bubble would collapse all good things long term. If Greenspan was so adept at protecting his banker friends he did an awful job navigating the waters during the S&L fiasco. Two problems 1) I am not sure wages would rise (in fact I am sure they would not) 2) I doubt Greenspan give much a hoot about anything other than his banker friends Mish

To: John Vosilla who wrote (29974)	4/4/2005 8:14:48 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 110194

<<So true but this would bail out the bankrupt airline and auto industries as well as the federal gov't, underfunded SS & pension plans. Not necessarily, most of the liquidity would flow to sectors already inflating (ie, basic materials, commodities) which would result in much higher input prices, to the point where airlines and autos would still be priced out of reach of consumers and/or remain unprofitable. Treasuries would be crushed and in all likelihood there would be a massive currency crisis. "Dollar Ben" was just kidding when he said all that.....<G?>