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

To: GraceZ who wrote (49462)	1/11/2006 2:26:56 PM
From: John Vosilla	Respond to of 110194

You and I are richer but that is not the problem Grace. It is many who think they are rich today borrowing way beyond their means. You can blame it in part on consumerism, marketing ingenuity, lax lending and very expensive cost of housing. The only parallel with the 1950's these days is low interest rates. How long even that lasts with such an fiscally irresponsible government is unknown. But of course many of the others here would also disagree with me as deflation/depression is supposed to be lurking.