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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (242154)3/24/2010 6:39:04 PM
From: ggershRead Replies (1) | Respond to of 306849
 
"The people buying this do not care that there is a risk of default"

The FED!

"The only default possible on US bonds is through inflation."

The FED won't default to itself???

"The people buying this are printing money to buy it. It cost them nothing to buy what amounts to a rent. They are the inflaters. They will keep buying until Dow 100,000. Then they might buy stocks."

Insanity rules! They believe adding a few zeroes makes it different somehow. -vbg-w



To: Giordano Bruno who wrote (242154)3/24/2010 10:30:32 PM
From: LTK007Respond to of 306849
 
Gees the zerohedge.com a neat site have bookmarked.Max