Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (25511)	11/18/2002 9:26:11 AM
From: Jim Willie CB	Read Replies (1) of 74559

yes, MZM drops when debt is defaulted or paid off if your "massive deflation" scenario is caused by continued debt collapse and is accompanied by increasing currency instability, that is great for gold despite what you read in the incompetent press/media, whose editors and major writers could not pass a basic Economics proficiency test in Sept2001, I sent a letter to Paul Krugman, the syndicated economics editor (for NYTimes?) no reply I disagreed with his assessment a year ago that Greenspam would easily handle the deteriorating econ conditions now Krugman is echoing my exact same central points if you would like me to post that letter, let me know it was carefully crafted, and RIGHT ON !!! / jim

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