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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Amark$p who wrote (101468)9/1/2009 10:06:29 AM
From: ItsAllCyclical  Read Replies (1) of 116555
 
Not much new there from his previous line of thinking, but always good to see where he's at. I don't think I'm in the same camp w/respect to the Dollar though. Sure we'll make up a portion of the lost foreign demand w/internal demand, but unless/until government spending goes down there's no way the deficits are sustainable. Something will give. If his thesis is that China is weaker than most suspect (I agree), then this should lead to another spiral down for everyone. Deficits at a % of GDP will go even higher w/out any other factors. Thanks for sharing it.
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