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


To: mishedlo who wrote (33425)5/28/2005 12:42:31 AM
From: Canuck Dave  Read Replies (2) | Respond to of 110194
 
Yeah, it was tongue in cheek, but only partly.

Debt repudiation is going to be in the cards. Eventually. Then, we'll see how much foreigners will charge for the risk of loaning to Americans.

How do you see the debt bubble being worked off? Where will we be in five years?

I admit my crystal ball is hazy, but the madness has to end somewhere.

CD



To: mishedlo who wrote (33425)5/28/2005 7:01:53 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
If TNX yields keep dropping, stock and home prices will keep rising IMHO.