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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (251518)7/22/2003 4:55:56 PM
From: B.REVERE  Read Replies (1) of 436258
 
The only way the 44 trillion debt gets paid off is by massive inflation and a crashing dollar. The bond market knows it and the rise in long term rates will cause the refi market to blow up. When that happens, the consumer is tapped out, and the next great depression begins in earnest. Disc: spx jun750 2004 puts.
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