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

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To: russwinter who wrote (44892)11/6/2005 6:54:52 PM
From: NOW  Read Replies (1) of 110194
 
from that Bugos piece:
My bullish hypothesis rests on the supposition that the underlying structure of the global economy - weakened over the years by excessive inflation and intervention - could not withstand any serious withdrawal of cheap money, and that Greenspan is unlikely to orchestrate a deflation scare in his last days as Fed chief because it holds the risk that his successor can shift the blame in his direction."
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