Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Lizzie Tudor who wrote (28352)	9/21/2003 10:21:02 PM
From: Jim Willie CB	Read Replies (2) of 89467

maybe I misunderstood, what does "not as bad" mean ? the US Economy would be in deep shit if the yen rose in concert with the euro in the last 18 months now that the yen is rising, what is positive? this is the advent of the nightmare on Wall Street we are totally dependent upon Asian finished products, advanced components, even engines for half of Detroit's cars Richebacher said to me that if the yen really does rise, then all hell will break loose, because of our huge capital dependence and product dependence implications run far beyond imported product price inflation they extend to willingness to continue support USTBonds why would Asians continue to buy our Trez bonds when what they are holding suddenly are dropping in value? see what I mean? this is a huge nightmare it has begun bear in mind that Japan holds significant USTBonds in bank reserves if they dont begin to shed them, their bank systems will face extreme stress help me what is positive? or not so negative? I am excited by this for two reasons: 1. it will lead to gold firing past $400 in a flash 2. it confirms a prediction of mine since summer here are some other predictions goldenjackass.com / jim

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