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

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To: philv who wrote (19257)10/2/2004 5:14:18 PM
From: Jim Willie CB  Read Replies (1) of 110194
 
no apparent downside from lost mfg base

except lost income, higher debts, lower wages

wait for the next round of USDollar decline
round #1 was on the back of the euro
round #2 will be far more damaging, on the back of Asian currencys

/ jim
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