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


To: John Vosilla who wrote (65284)7/5/2006 1:10:38 PM
From: tdl4138  Read Replies (1) | Respond to of 110194
 
John....

I detect a note of "negativity"....

Do you realize you're turning to the dark side?....lol



To: John Vosilla who wrote (65284)7/5/2006 1:23:09 PM
From: Broken_Clock  Respond to of 110194
 
NBR did a piece on pension disaster last night. Basically similar to the Frontline report of a a month or so ago. Boomers with pensions are getting slaughtered through the corporate BK process. I predict major downsizing in homes as retirees try to cope with stagflation, rising medical, taxes, etc. capped off with declining home values and pensions cut 50-70%.