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

To: TH who wrote (265103)	7/30/2010 9:00:09 AM
From: MulhollandDrive	Read Replies (3) \| Respond to of 306849

Second, as Les indicated yesterday with his comment on senior spending, more QE won't do anything for wages and that feeds back into the first point. this is what so many people don't get.... you only get one shot at the credit bubble.... you can lead horses to water but you can't make them drink, they've already foundered themselves (pulled forward demand) i've commented privately to people when this is brought up and my point has always been, 'growth' will come the old fashioned way, from wages (which essentially means no growth) ...the old e.f. hutton commercial...we make money the old fashioned way....we earrrrrn it... got wages? nope people are pulling money out of circulation by paying down existing debt and saving, that's why QE1 has failed (at least as stimulus)