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

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To: NOW who wrote (13607)5/11/2004 1:53:58 AM
From: westpacific  Read Replies (1) of 110194
 
The FED is and will be the BUYER of last resort.

They have at least 40B offshore (according to rumors) and whats to stop them printing credit to what ever level they like for themselves.

The game is far from over and will be dragged on for years.
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