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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (20960)10/29/2004 10:32:11 AM
From: russwinter   of 110194
 
<consumers have less money to spend on other goods.>

You know I've predicted this outcome about as well as anybody. See "Train Wreck coming in food and energy", written in Feb.
financialsense.com

They just borrow it, and the CBs print the money to allow it.

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