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

To: GST who wrote (88147)	10/29/2007 5:43:05 PM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

'We still think you have to borrow money to spend money because we have so little money and spend a lot of our income servicing our debts' Divide between rich and poor is greater than ever in this country. That to me could be the biggest risk of all besides global warming to the world as we know it. Most just feel okay cause they can live beyond their means. Yet the wealth in the top tier is beyond comprehension, far surpassing even the gilded age when the working class had no idea how well off the super wealthy actually were.. Some will point to that as another piece of evidence we are soon to enter a 1930's deflation/depression period rather than a 1970's repeat where wealth was far more dispersed.. How does all this factor into all we've been discussing here?