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


To: Broken_Clock who wrote (82016)5/22/2007 12:59:54 PM
From: Mike Johnston  Read Replies (3) | Respond to of 110194
 
If there is hyperinflation, the Pig Men will walk away owning 90% of the country, Gini coefficient will go to mid sixties, there will be social unrest and a lot of people will be leaving the country, either with a loot or out of desperation.

To me, current environment is either
1. blow off stage of the greatest bubble in history or
2. early stages of hyperinflation.

With real interest rates at -10% i am not sure if it is the first of the above.