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


To: Mr.Creosote who wrote (74875)12/5/2006 8:50:31 PM
From: Box-By-The-Riviera™  Respond to of 110194
 
love the name, and your start date makes you an SI grandpa.

kudos.



To: Mr.Creosote who wrote (74875)12/6/2006 2:02:34 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
We need much higher long term rates for any collapse in asset values to occur IMHO. For now party on and enjoy negative real interest rates. Magnified by M2 monetary growth that seems to only be accelerating in recent months..

Perhaps we are in a period where even with the record twin deficit's, continued explosion in credit creation, continued currency debasement and acceleration of monetization of debt the expected ramifications of a stagflationary 70's type scenario never manifests itself due to the counterbalance of the deflationary monster so well articulated by the 'smart economists' on the doom and gloom side? What happens then if we never have to really pay back the piper with no serious recession or major backup in long term rates?