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

To: basho who wrote (75792)	12/15/2006 7:33:17 PM
From: GST	Read Replies (1) \| Respond to of 110194

Cheap credit, cheap labor and cheap oil -- the big three. You can't put cheap credit in your gas tank. And your bank can't make a shirt for $2. I don't suggest that cheap credit is unimportant. But it is at an end. Ditto for cheap oil and cheap labor. Between these three there is much to drive inflation. Our cheap labor came from places like China. Our cheap oil came from Saudi Arabia. And our cheap credit? It came from our trading partners. I see nothing wrong with what you posted -- but your stool only has one leg. Mine has three.