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Registered
Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
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The only thing it's good for is drawing attention to the stock market for the average joe. The potential for a serious liquidity shift from housing and the bond market in the stock market is huge. Don't forget the whole economic world is experiencing growth at the same time. Also don't forget that the serious buyers of our long term debt is not doing it to do us any favors. They want to protect their capital in the most efficient way possible. As this debt flow slows in the near future investor capital will be searching for another haven.
The difference of opinions on where it will go to be efficient creates markets. Economics is a living progressive animal growing exponentially that can mask the US morph from an industrial economy into another model. The current stock market may be predicting the future?
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