Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: shades who wrote (51212)	1/24/2006 7:14:35 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 110194

That's a cute idea. The U.S. Current Account Deficit is not too high -- if you assume dramatic growth in future U.S. income. Its like saying the debt levels of those with debt payments, which exceed their ability to pay, are ideal and they're far from bankrupt -- -- if you assume they will soon receive a sudden large inheritance or a whopping pay rise. Its called "magical thinking" and is quite common among those with addictive personalities. Grace, as an example, is a walking demonstration of magical thinking. .