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


To: andiron who wrote (61545)5/20/2006 10:14:15 PM
From: GST  Respond to of 110194
 
LOL -- there is nothing under the dollar -- just air. Housing is where people live, and most people are ok where they are and with what they owe. Obviously there are some who are out on a limb with housing. But when it comes to the dollar, the entire US is way, way, way out on a limb. When the bough breaks the dollar will fall and we will learn what it is like to be poor people with houses we can't affod to heat, cool or stuff full of toys as we have become accustomed to do. How much does a new college graduate make on average? How much for an MBA? Money will flow like water -- its just that it will be worthless on the world market.