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

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To: mishedlo who wrote (4140)12/29/2003 10:12:10 PM
From: TobagoJack  Read Replies (1) of 110194
 
Hi mish, I am with the camp that says China will not be re-valuing RMB upward in any material fashion any time soon, since the current vein of exploitable goodies is not mined out yet ;0)

Japan will continue to be bled out, via the US, with the money pooling in China, driving up resource pricing everywhere due to Chinese love for all things that can be fondled, creating the mother of all resource bubbles, and then, energy crisis or some other less anticipated event triggering global monetary collapse.

Either that or the Nasdaq goes to 10,000, DJIA to 36,000, and average California house to USD 1 mm :0)

With the way events are moving, there does not seem to be a lot of room in between the two extreme possibilities.

Chugs, Jay
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