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

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To: bond_bubble who wrote (59012)	4/21/2006 4:13:30 PM
From: shades	Read Replies (2) of 110194

eat oil instead of food? I thought most of the food today couldn't be so plentiful if it weren't for oil - have we found a way around making all the food we eat today without oil? Even in 1929, there was only 15% negative CPI for 2 years and that was probably because of house price falling 80% You have read different history books from me - everything I read said broad house market didn't fall materially below pre depression levels - 80% no way! - which one of us got revisionist history book? Now japan they did - they let USA pressure them into currency revaluation - steve hanke said they should not have listened to USA - he says China will not make that mistake - that is all that protected them in 97 asia crisis.

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