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


To: ild who wrote (52524)2/3/2006 12:40:23 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
Roach says we need more savings and suggests a consumption tax. Seems to me higher interest rates would be the best way to encourage more saving, but that is a no no in our bubble economy since it would punish speculators.

A consumption tax, by contrast, would punish average folks yet again.



To: ild who wrote (52524)2/3/2006 4:20:53 PM
From: orkrious  Read Replies (1) | Respond to of 110194
 
Today's opening ISEE # was 119.

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