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

To: mishedlo who wrote (70110)9/22/2006 3:52:46 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
willingness of the masses to take on more credit hits its limit.>

I don't think it's the Brazil American "masses" at all. The whole key to this limit is the flush Bully class, and to a lesser extent, Bully wannabees. Credit conditions for them are going to have to tank, or they will continue to drive inflation regardless of what happens to the masses.


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