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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 (90978)	1/29/2008 2:30:14 PM
From: Horgad	Read Replies (1) \| Respond to of 110194

I think that one problem is that his example is talking about both the past and the present as if they are both one event. His claim seems to be that the contraction now does not matter or does not even exist because the housing related monetary expansion before exceeds the contraction now. It is kind of like saying that a person's spending habits aren't going to change even though they just lost 50k in the stock market because they made 100k last year.