Russ, <<Everybody wants to borrow in USD, and take the money somewhere else>>
... yup, because it is the NToeAwsBe (see definition achamchen.com :0) and the investor electorates are voting Message 19680750 .
I am simply playing in accordance with my script Message 19680503 .
In regard to the Dollar, done this, Message 19285485
September 8th, 2003
... I have issued instruction to retire my JYen loan with a USD loan, since USD is only going for 3% whereas JYen is going at 1.8%, given that I figure USD will crash down, and JYen will stay even or go up, at some point in 2004.
... and advising so ...
Message 19679943
<<January 11th, 2004
We should at least consider borrowing in the same currency as the USD officialdom does, counting on the USD officialdom to debase the currency more and more rapidly.
We must think about using the USD borrowings to buy things that matter, meaning stuff that is immune to debasement.
This may be the new world order.
At some point, we must consider not only refrain from voting for USD space, but actually voting against USD space, and using USD leverage to do so.>>
I am figuring the truly Big Play of 2004 may be in this playbook Message 19675716
Chugs, Jay |
