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


To: GST who wrote (50177)1/19/2006 1:17:34 AM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
The bubble of all bubbles is point blank the credit bubble.
That credit bubble includes the bubble in junk bonds and corporates and housing and lending standards in general.

The busting of a credit bubble is the essence of deflation.
Period.

Any presumed bubble in the US$ is far less than that.
There is likely no bubble at all in US treasuries.

Mish