[blam]

" Instead of hyperinflation or deflation there will be a major financial dislocation, which means painful re-pricing of financial assets. "

I don't understand this idea of re-pricing. I welcome your comments.

No Way Back

Prepare Now!

[refermech]

Your 200,000.00 house is really worth 50,000.00 and that is all you will be able to sell it for. That’s my take.

[dennisw]

I don't understand this idea of re-pricing. I welcome your comments.

Stockman is speaking round about and poetically but it means the price of your asset be it Apple, Intel, your automobile or your house is going down. Deflated. Some assets will go up ...maybe gold? Nebraska farm land? Land in Idaho away from the urban mobs? Troy Built rototillers will appreciate?

DS: My investing model is ABCD: Anything Bernanke Cannot Destroy: flashlight batteries, canned beans, bottled water, gold, a cabin in the mountains.

Once again speaking poetically but I get his point

[blam]

The Stall Has Arrived (Even Leftists Are Admitting It)

[familyop]

"Re-pricing?" In that instance, it means haircuts for investors. They get much less back. That's all.

"David Stockman: We are in the last innings of a very bad ball game. We are coping with the crash of a 30-year–long debt super-cycle and the aftermath of an unsustainable bubble."

That's about when our great leaders in business and government actually started moving much of our manufacturing overseas and telling the rest of us Americans that we're worthless, lazy, the overpopulation problem, etc.

Have fun. Enjoy the slide.

[Paladin2]

“My investing model is ABCD: Anything Bernanke Cannot Destroy:”

[Praxeologue]

Stockman’s key assumption is contained in his hypothetical “if the bond drops by 2%”. I am not convinced that this will happen in the near future. The Fed and its allies have so many tools at their command, expanding every year, that it may be many years before a failed auction. Of course this is just lengthening the rope by which we will be hung and the pain will be that much greater for the delay. They are destroying the future. Meanwhile, and that could be a decade or so, we will all need to find productive things to do. As for investments, Stockman is right that everything is overpriced, with the exception of precious metals.

[Sirius Lee]

I took everything I have out or the market, save for a little play money that I could afford to lose. No debts, just "provisions".