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


To: Tommaso who wrote (90140)1/4/2008 8:44:48 PM
From: TobagoJack  Respond to of 110194
 
<<All sorts of habits and institutions would have to be changed over night to make that possible>>

... that is what the Brazilians thought at one point, and then, seemingly overnight, a new regime of discipline rode into town

... and that is what the Japanese thought as well, until they started dreaming for inflation as displayed in prices of assets, for so many interest-free years

i keep reminding myself that it is the market's job and fun to phuck the greatest # of folks in the harshest way at the most inconvenient time for the longest elapsed time, until every cell in their body scream for salvation