SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: westcoastflorida who wrote (80480)3/30/2007 9:52:25 AM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
'The Euro might be a 'safe haven'. But Europeans will wish it wasn't.'

That part I totally agree with.

However declining wages and credit turned off? I highly doubt it. Most making a living paycheck to paycheck complain about costs rising much faster than incomes. Pass through of much higher real estate and energy prices plus our mounting twin deficits not going away.. Unreported M3 will probably grow at double digits for a long time to com. Much higher long term rates is the biggest risk of all in this leveraged economy IMHO the next 2-5 years.. Deflation and depression could come after that but we are a long way from that which could take another generation if long term rates remain stubbornly low.. By then we will be old and prices of things you need will be easily 3-5 times higher..