SI
SI
discoversearch

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


To: Elroy Jetson who wrote (104754)9/1/2009 6:27:10 PM
From: GST1 Recommendation  Respond to of 110194
 
<Things have changed> Yes, things have changed -- we have been living through several years of a "weak dollar". We are entering the years of dollar collapse -- what has changed is that we have run out of runway and the plane is still firmly stuck on the tarmac. The issue is not whether a high flying plane is going to crash -- the issue is how the hell to get out of the plane as the wall at the end of the runway approaches.

Now there are those who say that it is time to jump on the plane -- and to them I say -- you are blind or insane. And the reason why they want to jump on the plane? They have beer and peanuts on sale in economy class -- deflation. Never mind the wall at the end of the runway folks, have some nuts and a beer at a discounted price. Drink up.

So long as you look inside the US you are looking inside the plane. What is happening that matters is not happening inside the plane -- not inside the US. Look outside or die. There is no more runway.