Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Earlie who wrote (4127)	6/1/2001 2:37:53 PM
From: Tommaso	Read Replies (3) of 74559

Hi Earlie, I guess if I had bookmarked the Clown-Free zone I would have kept up with you better. What are you doing to make the best of the debt-bubble situation? The Fed seems determined to inflate us out of it, but the more they inflate the more people go on borrowing. Let me stop and check this week's Fed figures: Ok, M2 is still going up about 12% P.A.. MZM still going up over 21 % P.A. I don't think gold is very good any more because the technology makes it so cheap to produce. The dollar is as nutty as a tech stock. How about buying real estate in Canada with American dollars? A Canadian friend of mine (working in the US) says this: "My neighbour across the street just put her house on the market [in Massachusetts] for 179,000. She has one half bath more than I do, but even still... I can get 90 acres and a neat house for 72,000 US outside of Fredericton, NB -- the high tech capital of the Canadian east coast."

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