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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: RJA_ who wrote (62479)4/4/2010 7:08:01 PM
From: TH  Read Replies (1) of 218108
 
RJA,

<
Grants arguement was pretty easy to understand.

I'm not sure I really understood Rosenberg.

Perhaps I need to listen to it again.

What was your take on what Rosenberg was saying?>

We share some thoughts about this debate. I think they could both very right, but in what time frame is the question.

What I found interesting is that either guy could have easily debated the other side with just one or two changes in a base assumption. Grant wins from the contrary perspective, for what he is saying is that the long cycle shift is upon us and most won't see it because of "muscle memory". That is one of the key statements I took from his side. Rosenberg makes one critical mistake. He assumes that US dominance of the global capital market continues. That is the flaw in his position, at least from my perspective.

GT
TH
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