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

To: Mike Johnston who wrote (76165)	12/20/2006 6:55:07 AM
From: westpacific	Read Replies (3) \| Respond to of 110194

Right on Mike, it is like the talk of being a millionaire. With inflation and the debasing of the dollar, you're not a millionaire today unless you have a net worth north of 10 million. All these folks thinking there rich, when really they are not. Comfortable yes, rich no. Love your references to the situation in Africa, it just really shows how insane it can all get! """The majority of Zimbabwe's 12-million people have not benefited from the stock rally. Munyukwi said 90% of shares on the 80-company bourse were held by large corporates. "The biggest impediment to public participation is the erosion of disposable income. People have no money, and even if they could afford the lower capitalised stocks, the returns are way below the transaction costs," Munyukwi said. The boom has failed to woo foreign investors, who hold just 2,3% of the shares.""" Shades of America to come, the HAVEs and the HAVEnots. Because if we continue to get ramping inflation, tons are going to get left behind. West