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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: valueminded who wrote (6610)5/18/2004 1:45:05 PM
From: ild  Read Replies (2) of 116555
 
Chris, what about deflation in assets? We depend on asset bubbles. US economy would be devastated if RE and stocks were to drop considerably. This threat causes Greenjeans to hold FED funds at low levels which in turn creates more speculation (read bubbles).
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