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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: mishedlo who wrote (127239)10/4/2001 1:26:15 PM
From: John Graybill  Read Replies (2) of 436258
 
No way. He'll drop them all the way to zero. The housing bubble is the last bubble, and it must be maintained at ALL costs as long as possible. After interest rates are dropped to zero, then we'll see what other tricks they have up their sleeves.

Once rates are at zero, watch for a lot of fraudulent "interpretations" of securities laws &c to allow the government more frequent, larger, more targeted, and more blatant manipulation of the financial system.

We're not nearly at the point where every single bank, mutual fund, insurance company, brokerage, and retirement account is totally ravaged and destroyed, but it's inevitable.
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