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

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To: Jim Willie CB who wrote (6765)2/2/2004 5:23:28 PM
From: mishedlo  Read Replies (1) of 110194
 
not so sure about that, rates will not go lower
that would be a giant kick down the Liquidity Trap
you overlook the USDollar story
I never pay much heed to Secy Inflation Greenspasm's words
I listen to his topics during speeches


Let's get back to the middle ground here. You and I can seem to do it rather easily. I am not suggesting that Greenspan is about to cut now. IF housing collapses here or jobs collapse here, he will.

More than likely, in those circumstances, Europe will have already cut, and perhaps the US$ will have risen to where Greenspan will not care.

He is attempting to buy himself time. You and I both know it will not work, but they are going to drag this out kicking and screaming just like Japan did.

M
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