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


To: DebtBomb who wrote (85730)8/30/2007 3:17:31 PM
From: John Vosilla  Respond to of 110194
 
'If Bernanke cuts rates, you know what's coming next....more debt...a bigger debt bubble.

Bernanke should hike rates right now, strengthen the dollar and savings accounts, and end this madness'

Over time you don't win by sitting on the sidelines and collecting interest on CD's. I doubt our leaders start encouraging more of that behaviour at this crucial juncture. You must assume cost of living double every 10-14 years and take appropriate measures.. The 2004-06 period was lax lending and risk taking in housing and the credit markets taken to extremes never to be duplicated in our lifetimes.. Now you take advantage of the stupidity of others IMHO.. If Ben helps you then take it as a freebie..