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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Real Man who wrote (93114)4/3/2008 8:40:05 AM
From: blazenzim  Read Replies (1) of 110194
 
A currencies value is ultimately tied to what it will purchase. Why own the Euro when everything costs double what it cost in US dollars?

4% short term interest rate vs. 2.25% interest rate has very little to do with a currencies value. Look at Iceland.

I'm short Euro with leverage via futures contracts.

Credit growth is sputtering and Dipshit Bush will be gone soon.
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