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


To: bart13 who wrote (75623)12/14/2006 11:45:56 AM
From: GST  Read Replies (1) | Respond to of 110194
 
What are the demographics of current consumption -- who is buying and what are they buying? Not knowing that you can only respond with more of the same -- i.e. must be the money supply because nothing else matters. Understanding consumption would require far more knowledge than simplistic money supply assumptions.



To: bart13 who wrote (75623)12/14/2006 12:53:31 PM
From: kris b  Read Replies (1) | Respond to of 110194
 
Just as an example, 40 or 50 year mortgages could be one.

Can households squeeze $ 700 Billion of new money per year out of these product? That is what Brazil Americans need to save them from going BK.
Show me an asset class other then residential RE, that can generate this kind of windfall. Everybody says they can perform magic. Please, give me concrete examples with dollar value besides.