one_muggle I said what I did about Perry’s new paradigm topic to bring out discussion. I know the mostly pay as you go ,calculate risk vs reward still works.I knew credit bubbles aren’t sustainable. As you have both pointed out it is best to understand what Perry is demonstrating wether it is sustainable or not, to which I agree it is not. In fact sometimes it seems so crazy that I think the elite power broker/credit broker class sees the end of American economic dominance and is playing robber baron with these scandoulous bubbles and wars until the gig is up. I am not saying it’s true I am just saying it makes me wonder.In fact I actually doubt we will come to that extreme now.However sometimes I think that maybe they finally won’t stop short of milking the cow to death?
