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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 (75724)	12/15/2006 11:13:00 AM
From: GST	Read Replies (1) \| Respond to of 110194

For one billion people we have barely begun the expansion of credit.

To: mishedlo who wrote (75724)	12/15/2006 11:20:51 AM
From: John Vosilla	Respond to of 110194

'You are discussing willingness of banks to lend as opposed to consumer's ability to borrow' I was referring to both being relevant to whether consumer credit limits were reached. So where are we today with wealth disparity like nothing ever seen before, so many folks with much greater wealth, corporate balance sheets quite stellar but Joe6pack is up to his eyeballs in debt along with our federal government. All okay if access to credit continues, Joe6pack keeps his job and interest rates remain low which is impossible longer term. We just disagree on the end game. No need to hammer it any further.