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


To: bart13 who wrote (94575)5/26/2008 9:30:32 AM
From: Giordano Bruno  Respond to of 110194
 
This mornings quote from George Soros: "You had the nice decade," he said. "Now that is over and you are in a straitjacket."

telegraph.co.uk



To: bart13 who wrote (94575)5/26/2008 1:23:38 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'Broadly, the comparison sure isn't 100% valid since more than a few things are quite different and the Ponzi picture is one of them, but the parallels I've shown in the various charts are both striking and workable... so far'

Yes, the main differences this time are the unwinding of the housing/credit and long term treasury bubbles.. I'm now convinced the Fed most fears a repeat of 1973-74 occurring before the unwinding of this repeat of the credit collapse of 1989-93 gets to the final stages.. It is quite possible the Bear Sterns bailout and low in the likes of Citigroup signalled a bottom at least in the financial stocks like Fall 1990 but that was an era of disinflation and declining rates very different in that regard from today..