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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: booyaka who wrote (65117)7/3/2006 8:51:32 AM
From: russwinter  Read Replies (1) of 110194
 
Jees, they are already a year and half behind the curve. They pulled 1.55 trillion yen off last night, down to 14.33, but that seems too high if ZIRP is finished on July 13. If they horse around, the ECB only does 25 bp this week, the Chinese fail to reign in runaway borrowing (impossible with a fixed currency), and the Fed pauses in August, we will see another inflationary boom leg. Here's India's situation, they've got problems:
bloomberg.com
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