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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: John McCarthy who wrote (78204)4/22/2008 11:54:54 PM
From: koan  Read Replies (1) of 116555
 
John, my thinking is that we will give the money to asia, the middle east, Russia, Brazil, Indonesia (as we have been doing) and they will spend it for food. A lot of it just for oil!

As we move into recession our domestic debt load will explode along with our foreign debt (increased becasue fo the oil we need to import)and that combined with our spending on our sub prime crises will cause us to print tons more money and we will send it to asia and other countries.

And they will spend it for food, but because we are printing more and more dollars it will continue to fall and so it will take increasingly more dollars to buy food.

That is inflation. And we wil probably have a depression to go along with it-lol.

But I see it more as a realignment and distribution of the worlds goods and services to reflect more equity. The west is just now really moving out of the colonization business-lol.
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