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

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To: russwinter who started this subject	2/10/2004 5:40:46 PM
From: BEEF JERKEY	of 110194

Opec Cuts Production: story.news.yahoo.com "OPEC (news - web sites) on Tuesday agreed a surprise cut in oil supplies from April, propelling crude prices higher and drawing a caution from the United States that it risked stunting world economic growth." The White House wants a weaker dollar but none of the problems that come with it! One of the realities of a weaker dollar is that things will become less of a "world issue" and more of a "US issue". "In a strong warning to the cartel, U.S. Treasury Secretary John Snow said any decrease in crude oil output by OPEC producers would be regrettable, and would effectively be a tax on American consumers." The almighty American consumer must be supported by the rest of the world! The American consumer has one hell of a wake-up call coming.

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