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

To: bluepearl who wrote (31167)	4/25/2005 4:04:42 PM
From: jackjc	Read Replies (1) \| Respond to of 110194

The alternative is to have foreclosures and collapse in asset values. Yes the savers have suffered and will continue to suffer but they will not be kicked out on the street. I expect the attempt by gov to do everything to prevent a collapse in asset values of prop and stocks, and savers will be largely paying for it and will have no other choice as I expect controls to prevent leakage except for the very adept. Remember also, Nixon put on price controls with only 4% inflation.