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


To: shades who wrote (50370)1/20/2006 11:27:38 AM
From: kris b  Respond to of 110194
 
Company estimated that in the large cities unemployment had reached 24% of the economically active population .

This is what we need around the world today. Then we can make some serious money. I love buying at 5 cent on the dollar.



To: shades who wrote (50370)1/20/2006 1:55:38 PM
From: bond_bubble  Read Replies (1) | Respond to of 110194
 
Shades, In the article you mentioned above, there is a very important fact mentioned. You might want to think over it....
And I quote....

3) Finally, in an attempt to fight inflation and maintain a balanced budget, taxes were raised reducing the purchasing power even further.