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: UncleBigs who wrote (61532)	5/20/2006 5:45:26 PM
From: GST	Read Replies (1) \| Respond to of 110194

Housing has NOT been the only thing holding up the US economy, and in global terms it is simply one of many factors. Housing is prone to overinvestment and can go to unsustainable levels -- this is the oldest news in town. Housing has had its day in the sun -- and it can easily take ten years to wring out the excessive price increases in some markets. But in the end, housing is just a piece of the economy and we can withstand current distortions without seeing the sort of cataclysmic decline you forecast. We are on the other hand very likely to see a shitty economy with a long period of stagnation and rising inflation -- not a disaster, but far from being the sort of fun party we have been having up until now. The big deal in terms of valuation is the dollar -- that dwarfs the impact of housing and we are likely to see it drop. That has huge and lasting implications for us and the rest of the world.

To: UncleBigs who wrote (61532)	5/21/2006 11:02:40 AM
From: GST	Respond to of 110194

<Salaries and signing bonuses of fresh graduates took a double-digit jump in 2005 to a record average $106,000...> usatoday.com

To: UncleBigs who wrote (61532)	5/21/2006 11:08:04 AM
From: GST	Read Replies (1) \| Respond to of 110194

<It's spring, and at the Indian Institute of Management (IIM) - a premier management school in this industrial town - the campus is abuzz with company recruiters offering fat pay packages to new grads. . Bagging a $185,000 per year offer, Manan Ahuja, an affable 26-year-old lad, coyly notes that his salary package offered by Barclays Capital, a British investment bank, is far more than his father, a Delhi government bureaucrat, earned in his entire lifetime.> csmonitor.com