Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (97849)	5/23/2009 3:01:56 AM
From: Real Man	1 Recommendation Respond to of 116555

Well, hyperinflation is really debt deflation. It happens when the government defaults on its liabilities denominated in its currency through Quantitative Easing. I'd give USA a CCC- sovereign rating, in default through quantitative easing with little prospect for recovery, with 400% of GDP in unfunded liabilities and a balance sheet (below) worse than that of bankrupt GM. For now we are headed directly for a currency crisis. There will be some significant quantitative easing and associated inflation. Yo, and how are your T-bonds doing? TBT is star performer this year, ETF #1. Must be accounting for all deflation to come, recovery, or something else -g- usdebtclock.org

To: mishedlo who wrote (97849)	5/23/2009 8:16:13 AM
From: jrhana	2 Recommendations Read Replies (3) \| Respond to of 116555

<The forced "no notice" evictions in the Lost Vegas video are very disturbing. If someone is not paying the mortgage on their property and is evicted I have little sympathy. However, the video shows multiple instances of "no notice evictions" as many as 13 a day, that give renters as little as 20 minutes to leave with nowhere to go and no place to put their belongings, even if they are current on their rent.> Yes that is completely outrageous. I couldn't believe that scene. There is no reason why those tenants could not have been given at least a month's notice. 20 minutes to clear out. Unbelievable. They do let them take their medications. There definitely needs to be some mechanism in place to protect tenants rights where the owner is defaulting but the tenant is paying the rent without a clue as to what is about to transpire.