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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Knighty Tin who wrote (9783)3/9/2004 9:43:16 AM
From: russwinter  Read Replies (3) of 110194
 
The ultimate irony is that additional massive Train Wreck unemployment that I think is coming will emerge because of easy money's role in hyperstimulating Asia, and by extension the world. Tighter money would have helped cool things off, but it's now too late. Instead the wizards (and their cronies, the BOJ) went out on their asset bubble blowing and inflation fuel injected moral hazard road shows. One percent fed funds accelerates the unemployment process now.
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