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

To: sea_biscuit who wrote (90841)	1/27/2008 2:33:28 AM
From: Proud Deplorable	Read Replies (1) \| Respond to of 110194

"I don't see wages increasing right now" It's a weird problem because if the US is trashing the dollar to help exports from the US this might prevent wages going up but on the other hand imports get more expensive so wages have to go up to maintain a standard of living. So the only thing I see happening is a huge drop in the standard of living but then it was too high anyway, way too high. Hey America, welcome to the real world once again. I don't see home prices going back up until the bear runs its course and that cannot happen until 2011 at least. These things run in 5 to 7 year cycles. Home prices were so inflated it wouldn't matter if wages went up or not, most people are tapped out and have lost confidence in that sector.

To: sea_biscuit who wrote (90841)	1/27/2008 12:18:56 PM
From: stockycd	Read Replies (2) \| Respond to of 110194

In a massive inflation, all fixed interest rate debt will diminish in relative size to rapidly rising incomes. It will be better to have 500K in fixed debt, invested in an income producing asset rather than having 500k, no debt, in a money market fund or CD. As a debtor nation, hyper inflation is just what the doctor ordered. I just hope we can pull it off without pissing off the rest of the world. cd

To: sea_biscuit who wrote (90841)	1/27/2008 4:23:45 PM
From: Mike Johnston	Read Replies (2) \| Respond to of 110194

"But after the dollar is trashed Weimar style, meaningless wage increases can easily happen. Who knows, we may even have the Amero introduced by then! :-)" Other suggestions for the new currency when the US dollar eventually goes to parity with 1 Mexican centavo ( 1/100 of a peso ): - Amero - Strong Dollar - New Dollar - Strong New Dollar - This-time-for-real-please-trust-us Strong Dollar - Rubin - Goldman - Cruzero - Amerigo - Mozillo - Columbo - Greenprint ( no connection to A.Greenscam, the father of Greenspanomics a.k.a "free lunch economics" ) - The Pink Dollar - The American Juan ( renminbi )