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

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To: CalculatedRisk who wrote (28178)3/9/2005 9:03:04 AM
From: russwinter  Read Replies (3) of 110194
 
<Marc Faber>

This is almost exactly my view now. The liquidity data he presents seems a little extreme (does show the post Dec 8th contraction that I've alluded to) as that has very erratic, and difficult to follow.
Message 21109726
The $36 billion in FCB purchases in two weeks adds to the confusion, and that happened just as things were rolling over. Unfortunately for the Wizards that injection benefitted Pinocchio effect trades (commodities) more so than the favored Bully "Mr. Creosote" trades.
arago4.tn.utwente.nl

So at this point new heroin liquidity just inflames the addict's liver. Printing more money is not the solution to an inflationary induced Bust environment. Interestingly, there are some CBs that have realized that. and way too late. Offsetting these FNM bailout injections, are the China developments I noted yesterday.
Message 21114431
The tenor of Faber piece is spot on though.
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