The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joan Osland Graffius who wrote (3876)	12/25/2003 2:27:39 PM
From: russwinter	Read Replies (1) of 110194

<How long will people put up with this decline in purchasing power?> $64K question. Private foreign inflows per reports from Sept. and Oct. have all but disappeared (covered superbly by Contrary Investor), with outflows in some USD assets. Secondly OPEC seems willing to price oil in the low 30's based on rightful claims of lost purchasing power. So this shows there is no free ride. Still to date the US is avoiding a foreign panic. The reason appears to be the willingness of the BOJ to sell out their populace by carrying out futile dollar support activities at their expense. We will see soon enough if the BOJ cares to finance a $trillion plus twin deficit on the backs of Japanese citizens and alone in 2004. Happy New Year.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next