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: Real Man who wrote (3629)	12/19/2003 12:47:09 AM
From: Jim Willie CB	Read Replies (1) of 110194

USA is well along on the trap Japan has found itself the entire real estate refinance and purchase movement is an exact replica of Japan's banking destruction except in the USA, we have it concentrated in the GSEAgencies give it another two years, and mortgage finance banking will be permanently kaput, just like Japan's the EU has not participated in the game in fact, ONLY ENGLISH SPEAKING ECONOMIES PARTICIPATE the worst real estate bubbles are England, Canada, and other lands where they speak English funny China is the biggest risk nowadays outside the USA for hitting a bank skid I expect they will engineer a healthy correction which will cause a devastating US correction / jim

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