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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (69681)6/17/2008 5:45:24 PM
From: Maurice Winn  Read Replies (2) of 74559
 
I have been waiting for ElM to come across like that. It has been obvious that he sees it as a conflict = BBR vs ElM the Extraordinary and Brazil the Brilliant. Poor guy. He doesn't seem to realize that people just post what they like, where they like, when they like, and don't generally have much emotional investment in an internet chat room. Maybe he visualizes me locked outside his wonderful place, sobbing softly, gazing forlornly inside watching the fun and frolics of the glitterati.

Streams come and go, depending on the interests of individuals and exigencies of the 3D world providing impetus.

The Great Financial Collapse of 2001 came because Mike and a LOT of other people, including me, were expecting a major crunch after the Biotelecosmictechdot.com irrational exuberance. I had expected it from May 1999 onwards and each month I'd predict the peak and the crunch for the following month.

It was a lot deeper and a lot longer than I expected, but then I expected Alan Green$pan, that blundering undertaker, to cut interest rates about year sooner than he did. I assumed he wanted to hold off to continue the squeeze on Bill Clinton to make it easier for George W Bush to be elected in response to economic pain.

As it happened, I was glad George W Bush won = Al Gore would have been a disaster of CO2 megalomania. Also, hooray for King George II for cutting dividend taxes which started my dividend flow from Mighty Q! which staved off the NZ IRD just in time.

Then Uncle Al KBE started the interest rate rise to Happy Meal levels long after he should have done, which meant the housing boom continued apace to BIG PROBLEM levels as the ignorant, gullible, avaricious, dishonest and greedy went full-steam ahead on borrow and hope with irrational exuberance. Now, people once again are learning the eternal verities of Virtuous Victorian Values.

It is now 2.5 years since the peak of housing in the USA and markets are clearing nicely. It seems that there might not be a big crunch at all; just a relentless, merciless, tidying up of debt to equity ratios which don't make sense.

I have scanned ElM's zone from time to time but it lacks a certain je ne sais quoi. I keep this one in view as the more intelligent people post here. The other is for the bitter nationalistic China/Brazil xenophobic megalomaniacs. I first noticed China's tendency during the 50th celebrations of China which was like watching a repeat of a Nuremberg rally.

In geopolitical Great Game theory, it's normally China and east Asia, versus Eurasia versus America. But maybe it's aligning for China/Africa/South America versus the rest.

ElM's "thinking" and China's and Mugabe's seem to flow along those lines.

That's amusing that ElM was taunted into coming over here to charge a red cape. He is like a bull, looking for a matador to show him who is boss.

I noticed in St Quentin La Poterie a couple of years ago that the young bulls they let into a ring for the young men to taunt and run from would run back into their truck if they got a chance. They would charge and they were VERY fast, but they weren't that keen on it and preferred to be back in their hideout. ElM will scurry back to his base now and hide there, safe from the open ring where anyone can post. China is like that too - frightened of everything and maintaining fanatical control of everyone.

China, Mugabe, ElMatador, Brazil, Venezuela, Iran etc have a lot in common. Watch that space.

Mqurice
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