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

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To: glenn_a who wrote (2224)	11/16/2003 12:14:30 PM
From: glenn_a	of 110194

Correction to previous post ... ((To my mind, whether interest rates rise in the U.S. is almost "zero" dependent on Greenspan's career intentions, and much more dependent on elite geopolitical machinations over the next year ... and I'm not sure at all that U.S. economy will hold up until the 2004 election.)) Umm, while I do believe "elite" geopolitical machinations play an important role, don't want to minimize (a) where the global economy is in the K-wave, and (b) the limitation of the human capacity to control events and manage complexity/chaos. Along the line of point (b), Jim Puplava had a wonderful interview with Bill Bonner of The Daily Reckoning this weekend. See the interview at: netcastdaily.com ... I liked Bonner's emphasis on the limitations of the human capabity to understand and control events in their world. Regards, Glenn

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