Corporate debt is actually down. Coupled with us Chinese buying t-bonds enmasse that's why long term interest rates are low. Bad assumption, sorry.
hairdresser I think you don't know what you are talking about. Greenspan the maestro ? wake up ! the guy has had as inflated a reputation as the bubbles he created. He has played the apprentice sorcerer with the economy. Are Americans better off ? not so sure... It was a great ride for speculators of all sorts but the gap between the haves and the have nots has done nothing but widening thanks in part to Alan Greenspan. The guy's constant and only concern about wage inflation when everything else is going up but nonchalance in front of an outrageous housing bubble he single handedly created just disgusts me. It's about time for him to go, he commanded way too much influence and respect. I think it will be different with a lower profile Bernanke. It's not good for the Fed to be a one man show , also they should go after one or two terms.
You shouldn't! Study my arguments & study the longer term charts for gold and the $-index! Maybe you and your friend Pabst ultimately will start to grasp that something is wrong, seriously wrong!
Nothing is wrong, the US is a giant ATM, everyone that wants to do any business is in the US. Long live the Keepers of the Salon.
i wouldn't say perfect. if its soft he can count himself lucky that certain events don't occur. techs crashed in 2000, solution create another bubble for a soft landing. now they overshoot on rate hikes and will have to drop rates when growth slows late in the year. but wait, a dropping dollar could complicate matters... leading to a crash
this isn't a very smart comment. gold has more value than any currency. when currencies turn to toilet paper gold will be standing tall and proud in times of crisis gold will always be there.