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


To: russwinter who wrote (66696)7/22/2006 2:46:53 PM
From: UncleBigs  Respond to of 110194
 
i agree russ. those kind of public works projects such as the Hoover Dam come to existence after the bust has occurred not before.

Governments respond to problems. They don't anticipate and prevent problems.



To: russwinter who wrote (66696)7/22/2006 3:10:52 PM
From: ild  Respond to of 110194
 
Quite Contrary
How Do Contrarian Investors Survive When There's No Consensus to Fight?July 21, 2006
Message 22647819



To: russwinter who wrote (66696)7/22/2006 3:59:25 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Time To Sell
globaleconomicanalysis.blogspot.com
Mish



To: russwinter who wrote (66696)7/22/2006 4:24:06 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Weekend Humor
globaleconomicanalysis.blogspot.com
Mish



To: russwinter who wrote (66696)7/22/2006 11:49:40 PM
From: bond_bubble  Respond to of 110194
 
Russ, You dont have to advice Govt or Princess on how to spend!! How about, interstate highways like the ones in US (Kobe bridge in Japan), military equipment buildup, Hydroelectric power stations, Solar cells deployment, feeding soup lines - people who lost their job to American consumerism etc. How about producing stuff(?) for the hoarders who convert their currency into goods stock? The element of fear in currency has not kicked in it.

I think, I differ from your opinion in one aspect. I dont think commodities fall immediately after credit bust. It falls only after all reserves are spent or until defaults on reserves occur. In otherwords, the interest rates are going to go higher first and then maybe fall if all commodities retreat.