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


To: Mike Johnston who wrote (82301)6/1/2007 8:43:33 AM
From: selivanov  Respond to of 110194
 
...the real production and service economy will tank, living standards will decline sharply and unemployment begins to rise

Heck no, since the "real economy" is about importing the world's poor for exploitation by traitors and other assorted useless tits that have wormed their way to the top, those people will have rising living standards and better employment opportunities all to the detriment of the existing middle-class citizens. Thats why racism is such a taboo. But when you have so many aspiring slum-lords acting as politicans...

These new sheeple are excellent candidates for long term dependence on the elite financial engineers.

Isn't globalism just great?



To: Mike Johnston who wrote (82301)6/1/2007 11:23:09 AM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
No doubt your scenario can continue as long as interest rates remain low.. Still thinking if your scenario plays out there is still a 1973-74 period of painful adjusting to higher rates and higher energy prices still lurking in the wings before the real blast off begins..