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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 (96459)8/22/2008 6:59:27 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Total for Iraq over our lifetimes well over $3T by now. But Buffet is no longer betting against the dollar. Global stagflation and mutual debasement of currency coming, steep declines in purchasing power of currencies but not necessary that the dollar collapses much further.. We cut first,went into recession first...probably comeout first too. I wonder about the creative destruction of capital being in part manipulation to spur investment into certain areas at certain times. High prices/bubbles insure excess investment into one area..happens time and time again..now it will flow into alternative energy as long as oil prices remain high..