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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: IRWIN JAMES FRANKEL who wrote (93794)	9/7/2010 9:52:24 AM
From: Keith Feral	Read Replies (1) \| Respond to of 118717

For those with debts, there is financial disobedience. Stop paying the bills you don't wanna pay - mortgage, heloc, credit card. It's very easy to walk away from those debts. Lower income is a function of the nasty pension systems that protect the incomes of retired workers and put the current generation of workers at half the pay scale. It makes no sense that Ford is paying $14 an hour to new employees, while they are paying $28 an hour for retirees - or more. I have no doubt that interest rates will go low enough for everyone to manage their deficits even if 10 year yields go to 1.5% in a couple years. The more deflation we get, the less debt we'll have to repay in a couple more years. Common sense tells me that this will only ever be a good thing in the long run, so I'm bullish on deflation like everyone else was in the 80's and 90's. Strong dollar, strong equities, low inflation = bull market. Strong oil, weak dollar, high inflation = bear market. I'll feel a lot better about the economy when oil prices are buried under $70 this winter, maybe under $60.