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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Pogeu Mahone who wrote (99167)10/24/2008 4:23:21 PM
From: TH1 Recommendation  Read Replies (1) of 110194
 
Good piece.

I would ask, does anyone really believe the USA GDP?

I don't. I believe it is a complete fabrication. Lots of relative comparisons and/or valuations are not valid if apples and atom bombs are used.

I also believe the Fed and Treasury are limiting dollars while saying they are providing enough. Why? Because the game now is to make certain that funding flows into Treasuries. Period. The markets health have been placed secondary to this objective. They want both objectives, but they will settle for just one.

GT
TH
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