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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (366756)4/26/2008 5:56:40 PM
From: Real Man  Read Replies (1) of 436258
 
We should see Acapulco cliff dive at some point in relatively
near future. My bet is that this is a bear market, going into
L-shaped recession, with all things implied by such.

However, it will remain a difficult market, and chit won't
hit da fan until da Fed goes down. They go down once their
balance sheet is full of chit, and I'm not sure which
way. It will take some time. Chit will hit da fan with
a bang - quite likely a currency tsunami, accompanied by
da bond and stock market tsunami. This time down Bretton woods
II will collapse, and the dollar will cease to be a reserve
currency.
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