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


To: Tommaso who wrote (78006)1/22/2007 9:12:02 PM
From: bart13  Read Replies (2) | Respond to of 110194
 

But as soon as values of assets start dropping, the basis for lending contracts.


Indeed, which is why I'm watching the weekly credit data so closely, and similarly with the various hot money items like repos. Gold does tend to give advance warning too but I'm not as certain that it will as I used to be - too much fiddling.


But this contraction need not affect commodity prices.


Other than a probable initial hit and excluding non essentials, I tend to agree. I do expect something equivalent to price controls on many of the essentials after a few months too.



To: Tommaso who wrote (78006)1/23/2007 5:12:59 AM
From: TobagoJack  Respond to of 110194
 
monetary parachute is also a necessity, when the necessity arises, and in a lot of ways, more critical than <<food, gasoline, electricity>>, especially to the folks without problem affording such :0)

what is the price of a single parachute on board a doomed airplane -- why, all the food, fuel and electricity on board, of course ;0)