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


To: GST who wrote (76881)12/31/2006 12:44:19 PM
From: Nibbler  Read Replies (2) | Respond to of 110194
 
Not that anybody here should care about about my opinion, but IMO its posts like this that hijack the theme and caused Russ to put his foot down about this thread:

Message 23133564

For a bunch of very smart people, its incredibly senseless how opinions get so personalized where it seems more important to take the other person down a peg rather than make a thoughtful statement.

I hope that someday Mish does return to posting here, but I hope its not due to responding to the baiting of him that occurs here. You may not agree with almost anything he says, but he does make you think and this helps you firm up your own beliefs.

I think we're all only accountable to our own families and bank accounts



To: GST who wrote (76881)1/1/2007 1:47:11 PM
From: John Vosilla  Respond to of 110194
 
'you define deflation to be a credit contraction which it is not.'

Major credit contractions in this country in my lifetime occurred in 1973-74, 1980-82, 1990-92 and 2001-02. Cost of living is up roughly 20 fold since JFK was president..