PureBytes Links
Trading Reference Links
|
Mauldin's read today says inflation won't be an issue; but
it's hard to argue
with the assertions you put forth. Thoughts to myself.
Will the Fed be able
to print money fast enough to overcome the deflation which
is going to
come out of the deflationary liquidity curve?
Chas
On Sat, 17 May 2008 09:07:13 -0700
"Ira" <mr.ira@xxxxxxxxxxxxx> wrote:
> It is time to take a good look at where we are at this
>time. In the first quarter of this year more than
>158,000 families lost their homes to foreclosure. The
>American public is going deeper in debt every day. In a
>society where 70% of the economy is driven by consumer
>spending, inflation and debt are economy killers.
> Millions of people have homes that are worth less than
>the mortgage amount on their home. When they look at the
>economics of the situation will they pay the inflated
>mortgage payments or walk away from the house? Family
>homes were the main source of their wealth and now with
>that gone they have no place to go for that extra money
>they need to pay the ever-increasing cost of living.
> Duke Power said that they are cutting off utilities to
>50 people a day because of unpaid utility bills. Whether
>the government wants to admit it or not we are in a
>recession. We are also in an inflationary spiral that
>won't quit. The government is pumping liquidity into the
>system at an alarming rate to save the financial
>institutions that created a large portion of the problem.
>
>
>
>
> The balance of the article is on the web site if you are
>interested.
>
>
>
> Just one man's opinion.
>
> Ira
> www.delta100.com
>
> No virus found in this outgoing message
> Checked by PC Tools AntiVirus (4.0.0.26 - 10.072.012).
> http://www.pctools.com/free-antivirus/
------------------------------------
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/realtraders/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/realtraders/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:realtraders-digest@xxxxxxxxxxxxxxx
mailto:realtraders-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|