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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Jim McMannis who wrote (48198)12/26/2005 3:59:44 PM
From: John Vosilla  Read Replies (2) of 110194
 
Don't they always seem to be the last to see a major misallocation of capital and react way to late? This has been going on since we went off the gold standard. Perhaps we do need a real depression to usher in an age of conservatism like the 20-25 years post WWII..
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