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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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From: UncleBigs4/23/2006 5:32:05 PM
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The fuel for the American backlash against China will begin when unemployment starts to rise and home foreclosures begin.

Eventually, the mainstream media will report that the Chinese are behind the home foreclosures because they own the mortgage. Yes there is an American front company who services the mortgage, but the simple minded American will come to the conclusion that they lost their job to China and now China is throwing them out of their house.

I would expect to see a replay of many "Ruby Ridges" but this time it will be average Americans and not some religious extremist in the remote Idaho mountains. This will put urgent pressure on the politicians to do something.
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