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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: TobagoJack who wrote (15332)3/14/2007 4:28:55 AM
From: elmatador  Read Replies (1) of 217897
 
When S&L went belly up in the 80’s the capital being imported into the US saved the day. By then developing countries were exporting capital as a result of the debts being paid.

It became so hard that the US companies were asking for help. They said for every $1billion of capital exported to the US by developing countries, then, 70.000 workers were unemployed since those firms were not exporting.
Those BMWs, the Yuppies the yellow ties, someone was paying for that.

Today everyone is clamoring for a capital flight to go save the day. But there won’t be a capital flight into “quality’

This is decoupling happening in front of our eyes.

The ones that can do more, will cry less. The ones that can do less will cry more. I’m a bit biblical this morning
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