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

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To: kris b who wrote (59904)4/30/2006 4:54:26 PM
From: russwinter  Read Replies (3) of 110194
 
I draw a distinction on the word "liquidity". If Noland means speculative (Risklove or dash for trash trading)and other debt expansion, then it's definitely running amok, although slowing considerably in the US consumer sector. If he means actual core monetary base growth, or the monetary fuel that central banks supply, I'd say much less so of late. In otherwords debt (especially for speculation) is expanding rapidly, but underlying monetary support is not. There's a likely breaking point at some point, and I would have thought by now actually.
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