The Epic American Credit and Bond Bubble Laboratory Message Board

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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 11:00:39 AM
From: Jim Willie CB	of 110194

economist on CNBC today was very confused he said bonds are rallying because higher oil prices slow the economy then he said all the higher oil prices are potentially inflationary damn, these guys are dumb higher energy costs represent a tax, slow the economy with China present on the global village stage, "cost push" is non-existent and will remain non-existent until the trade war comes the trade war will close the borders, and thus permit the cost push to foster higher domestic prices we continue to import Asian deflation their overproduction and excessive capacity results in heavy imports and no pricing power these economists are so inept / jim

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