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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (21687)11/12/2004 10:24:34 AM
From: ild  Read Replies (1) of 110194
 
My take is that in 2003 US economy was over stimulated by tax cuts and 1% fed funds, in turn this greatly stimulated Chinese economy which was already under excessive stimulation after SARS scare. So the party had started. The problem is that besides us, bears, everyone else thinks there will be no adverse effects.
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