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


To: orkrious who wrote (101410)2/16/2009 10:59:12 PM
From: TH  Respond to of 110194
 
ork,

Regardless if it is phase two or three, PHASE THREE still approacheth, just after phase two <g>

I'm not sure what phase we are in, but I believe the distinction between two and three will be blurred and compressed. The public is not in, but they are thinking about it. Average people are asking questions and they are seeing actual data on what these levels of debt could mean. I'm not a big Glenn Beck fan, but there was a post on Slider's thread today that was interesting.

survivetheworst.blogspot.com

I always love to hear the naysayers talk about how it is different and some <new> economics have modified what I believe are immutable laws of economics. That shiny metal has always done it's job and all fiat eventually reaches it's true value of zero. It is only the rate of change that is in question. And Ben and TurboTim are doing their best to remove any doubt about the timing of our event.

GT
TH