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

To: Real Man who wrote (82278)	5/31/2007 12:51:20 PM
From: Mike Johnston	Respond to of 110194

Speculation will totally replace the real economy, a vicious cycle that could last a while until someone steps in to stabilize the currency. This is happening already to some extent, as whole companies are being traded back and forth like stocks, leveraged with debt, debt financed stock buybacks, stripping of cash and assets, while underlying business operations shrink in importance.

To: Real Man who wrote (82278)	5/31/2007 1:01:08 PM
From: Mike Johnston	Respond to of 110194

I wonder how they will be able to massage inflation data if it will run at 50% per month? lol. They might be able to massage 50% per year, but 50% per month, no. Anyway i am waiting to see it. Negative interest rates, currently anywhere between -8% and -10% guarantee we will get there.

To: Real Man who wrote (82278)	5/31/2007 1:18:13 PM
From: Les H	Respond to of 110194

Possible signs * the hypertrophy of the state, and systematic attempts by the state to moderate economic fluctuations as well as exerting more and more social controls; * intensified monopolistic and oligopolistic competition for superprofit in world markets; * the co-optation and integration of trade union and oppositional political movements into the state apparatuses; * the globalisation of financial capital, commercial capital and production capital; * a third technological revolution (electronics, synthetics, computerisation, biotechnology) and accelerated technological innovation; * accelerated turnover of capital and the pressure to engage in comprehensive economic planning of investments; * An increase in the rate of surplus value attributable mainly to increased productivity of labour; * a permanent arms economy in which the military industry becomes a significant factor in economic growth; * permanent currency inflation and growing debt levels; * the hyper-concentration and centralisation of capital ownership and management on a world scale, in giant industrial and banking corporations; * neo-colonialism involving unequal exchange and humanitarian imperialism where armed intervention in foreign countries is morally justified by reference to humane concerns; * the corrosion and breakdown of all traditional social institutions by market forces, leading globally to a succession of continual wars, armed conflicts and unarmed social conflicts; * (according to Leo Kofler) an optimistic belief in the power of technology to solve all problems, or, alternatively, a cultural pessimism. Some writers like Andre Glucksmann extrapolate this pessimism as a nihilist ideology; others like Elmar Altvater and Tariq Ali have interpreted it as a retreat to fundamentalism; and yet others like Frank Furedi see the pessimism as a cult of human vulnerabilities diminishing human potential and sowing unwarranted anxieties; * an ever-increasing gap between the rich and the poor, within and between countries, as strong market actors defeat the weaker ones; * the growth of "excess capital" (overcapitalisation) and "excess capacity", meaning that much additional capital is no longer invested in expanding production, but diverted to trade and capital accumulation based on already existing physical and financial assets - with obvious effects on employment opportunities. en.wikipedia.org

To: Real Man who wrote (82278)	5/31/2007 3:49:37 PM
From: bart13	Read Replies (1) \| Respond to of 110194

It could go two ways, There is a much darker hybrid than either hyperinflation or dollar crisis and credit bubble burst. It's partially covered from Tytler in quotes line this (emphasis mine), and will likely include inflation, dollar crisis, credit bubble burst, etc. too: Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage. -- Attributed to Alexander Fraser Tytler, Lord Woodhouselee. Unverified per the US Library of Congress.