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

To: John Vosilla who wrote (83506)7/12/2007 11:54:22 AM
From: westpacific  Read Replies (2) | Respond to of 110194
 
Reminds one of South Seas or Tulip.

All based on leverage and speculation.

Will it all end extremly ugly, no doubt.

If it does not, no future for our kids. Unless they have a trust fund with a million dollars.

It is not me I worry about, it is my children......since my father bought a house for 23K and that same house is now 600K.

Using this same math, the house will cost my kids about 5 million. So the one million trust fund will make a nice down payment.

What great boom, since everything now costs an incredible amount of money.........

Will my kids even be able to afford a house? I will just tell them to start a porn web site.

West



To: John Vosilla who wrote (83506)7/12/2007 12:19:56 PM
From: GST  Read Replies (2) | Respond to of 110194
 
<the greatest global economic boom ever> A boom in which the US is rapidly becoming less central. The greatest mistake of the myopic deflationists is their inability to understand what is happening beyond our shores and what it means for us.


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