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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 (71211)10/7/2006 1:12:25 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
DOW at all time highs along with the mega financial institutions like JP Morgan, Bank America and Citicorp making highs constantly? Credit collapse and end of world any day so why is this happening? Stay grounded my friend life is short. Lots of direct attacks by the deflation/soft depression crowd. Tima and GST make some great points. We aren't the enemy. Sad you feel that way. Needless to say costs for me and others are easily up 30-40% from 2002 and that is the real world I live in and see.

I've also been to places like Denver and Atlanta in recent months. You among others love to sensationalize in blogs how the sky is falling in these markets because of record foreclosures, speculators and realtors in a world of hurt,housing collapsing, everyone losing their jobs, soup lines coming soon ect... Not so at all except for a few.. Perhaps you meed to travel more and see the country or the world. The planes are filled constantly. Hotels are booked solid.. Just the world I see and I'm probably more gloomier on our future than 95% of people out there because of the stupidity in this age of credit excess and our ballooning deficits. It would be scary to see you or Bigs in a room with an eternal optimist. Peace my old friend..