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

To: Mike Johnston who wrote (66615)7/21/2006 1:12:07 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Touche! Thank you for that, or I would have had to do it. Bottom line, never underestimate the inflationary effect of a ten million buck year end bonus, trumps dozens of Brazil Americans (BA) at Wal Mart every time. In fact Mr. Creosote can lobby for more wafer thin mints to "help" BA, and get an even bigger bonus next year.
arago4.tnw.utwente.nl



To: Mike Johnston who wrote (66615)7/21/2006 1:22:53 PM
From: UncleBigs  Read Replies (2) | Respond to of 110194
 
the top .1% is getting richer. that alone doesn't drive inflation.

How much more gasoline can that group consume?

they already have every luxury they can imagine.

GM and Ford are cutting production. Polaris is selling 20% fewer atv's. Walmart's same store unit volume is down.

That's a lot less steel and other raw materials getting purchased.

Goldman Sach's partners can't make up the difference.


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