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


To: Kailash who wrote (48202)12/26/2005 8:49:39 PM
From: Fiscally Conservative  Read Replies (1) | Respond to of 110194
 
Let me see if I understand you correctly.
You stated;
"Such a devaluation will hurt America's creditors, and the common knowledge that the US is planning such a devaluation should lead our creditors to want to spend their money fast on real assets. As they transfer real wealth and not just debt to their own economies, they will increase their financial independence."

So you equate real wealth to real assets. What then constitutes real wealth in todays economy outside of a loosely net leveraged fabric?