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

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To: I_C_Deadpeople who wrote (50209)	1/19/2006 12:46:33 PM
From: mishedlo	Read Replies (3) of 110194

I did not think it would hold up this long. I doubt Russ thought it would hold up this long. Heinz for sure did not think it would hold up this long. BTW I do not view these the job reports as being strong. Losing jobs at GM and gaining jobs at Walmart is not a sign of strength. Furthermore the most of the good jobs that were created were as a result of housing. There is a serious slowdown in housing but so far it has not affected anyone but "call handlers" at mortgage places. I read something shocking yesterday. 1 out of every 53 households went bankrupt in 2005. That is simply amazing. People clearly are struggling to keep up. A downturn in housing will do this economy in. Mish

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