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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 (90576)1/17/2008 5:16:32 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
"just print the money and tell people in other countries to shutup and send us their goods, period, nothing in return and nothing new produced or saved on our end, just raw consumption"

In other words, we are a cancerous tumor.

Unfortunately it has metastasized in Iraq, Wall Street, Washington D.C., Corporate American. The nodule in the mortgage industry grew so large that it sucked the life out of itself, leaving a sinkhole which is growing slowly towards our pension funds. Just beyond the pension funds, there's a band called the Middle Class. Will it be devoured, or will the hole stop growing before it's too late?



To: GST who wrote (90576)1/17/2008 9:35:22 PM
From: marcher  Read Replies (1) | Respond to of 110194
 
"...When do I get my check in the mail...do I need an Ipod and a flatscreen or a week in Hawaii..."

lol, and as you know there is no gadget, tv, or vacation cuz that check will pay off outstanding debt...save financial institutions, for a month or so. -g/ng-