The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (1648)	10/25/2003 9:41:13 AM
From: austrieconomist	Read Replies (2) of 110194

Very weak, with market implications, I believe. From your PM thread yesterday: To:jrhana who wrote (22776) From: austrieconomist Friday, Oct 24, 2003 9:59 AM Respond to of 22853 MZM "growth" for two months now negative (-3%): research.stlouisfed.org Bows to Russ and his wonderful American Credit Bubble thread that include this BCA Research on the ties of refinancing activity to the money supply measures: bcaresearch.com Fed will have to monetize debt at frantic pace to offset the drain. Have not shown a willingness to do that to date. Best bet, a collapsing debt structure, not too far off. The election might be too far.

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