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

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To: Haim R. Branisteanu who wrote (7347)2/8/2004 2:00:58 PM
From: Louis V. Lambrecht  Read Replies (2) of 110194
 
Haim - completely agree, and that is what Trichet said: indeed 2% intraday range on Eur or Dollar is baaad!
Ok for 1%.

A day? A week? A month? A quarter?
That is where it stinks.

Should Europe collaborate withe the US. You must be joking.
Even if we are part of the same militaro-industrial complex, we both want to pull the blanket to our side.

In fact, you are not joking: powers that be would very much like to consolidate G3 in a sorta "Euro" with fixed parities. So the decision takers could still enjoy their imperial fees and do nothing wrong.

That is the financial part: our money, your problem. Or: money to the banks, debt to the people.
Finance will never help the economY.
Strong economies generate added value, real wealth.
Wealth is what you can get for your revenues. Money is a way to trade your income for the toys that makes you happy/ feel healthy.

You'll never find a politician running to improve the economy/your wealth: these are awfully simple household rules to apply. Middle grade 101 economy. So evident, every voter would do the same in his own household. And never vote for a guy with such "simplistic" views.

Clinton Dollar index at 120?
So what? Budget was clean. Dollar index has been as high as 162 under Reagan.
The US of A have made an habit to lend money with strong Dollars, only to pay back in devaluated Dollars. Nothing new.

Must EU and USA collaborate? On what? Destroy Japan?
There are only 3 members in the G3.
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