Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (2296)	7/6/2000 9:50:18 PM
From: Spekulatius	Read Replies (2) of 436258

Heinz - < otherwise you're right...the CB's are engaged in the total fiatization of the world's money, all to support the US bubble, the continued existence of which is regarded as essential to global economic 'health'. it's ridiculous...the longer it goes on, the more painful the eventual resolution will be.> What is the likely path to the Armageddon? IMO only a runaway inflation could cause the the central banks to increase interest rates and decrease the liquidity. I do not see any signs of runaway inflation - most basic products remain cheap (except for energy of course). Real estate and the stock market indices are not part of the inflation index. The Euro is slowly recovering but I do not see any US$ crash either. The economic indicators show mixed signs which alleviates the need for further interest increases? So what will take the stockmarket down? I do not see anything substantial happening till August. Are you?

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