Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (4115)	11/17/2001 8:30:04 AM
From: russwinter	of 36161

<address the structure of financial markets> That comment from Easy Al is about as close to a market manipulation and PPT confession as I can imagine. Looks like about the only bullet they have left (and it's a big one) is a competitive devaluation of the dollar. Wonder what the "cry uncle" unemployment rate will be in the US before they do it. I'd say 7% and rising will be it. Elections in 02 also. Message 16666466 In the last paragraph this writer speaks of thinning out whole industries to create new monopolies with pricing power. I think a little of that will happen with multi-nationals, particularly in resource industries, but domesticaly that "solution" causes too much unemployment. The devaluation would preserve American jobs, and that's what counts in a free for all.

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