Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: russwinter who wrote (70636)	9/29/2006 11:42:19 AM
From: John Vosilla	Respond to of 110194

<<The point is the Ponzi debt backs these properties, and this can only be supported by more Ponzi units, to pay the old units, and that is inherently unstable. Can only mean one thing, a crash, or some kind of financial asset deflation (not to be confused with consumer inflation) is in the works.>> So what triggers the blowup? Perhaps a big accounting scandal at a major financial institution that ripples through the banking industry? Or a sharp backup in long term rates? Ramifications of a sustained inverted yield curve and lack of reserves for losses from the coming foreclosure tsunami not being reflected anywhere yet. Something has to give. Yes anything but an increase in the purchasing power of your dollar (outside of bubble assets<g>) is possible..