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

To: orkrious who wrote (82021)	5/22/2007 1:18:20 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 110194

I agree, it's my pet peeve. However, that person continues to maintain his correctness, that's what baffles me and that's why I find it noteworthy. If you're wrong, admit and move on. People should respect that.

To: orkrious who wrote (82021)	5/22/2007 1:44:24 PM
From: Tommaso	Read Replies (2) \| Respond to of 110194

Actually 2007 is many months from being over yet. Some pretty well-regarded people have been calling for a recession (or at least the good possibility of a recession) for a while now. It seems to me that citizens of the United States, as a whole, now have more housing, vehicles, refrigerators, lawnmowers, and so on than they need. Stores are overflowing with clothing. No one really HAS to have a 48-inch-wide TV costing $2,500. Most everyone who really wants a computer has one. Except for food, gasoline, medical expenses,and utility bills, spending COULD drop off to almost nothing at any time. I don't know how the Asian economies could hold up with a sudden decline in U. S. demand, coupled with perhaps a big drop in the value of the dollar. I would think those two events would be profoundly demoralizing for China.