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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (10516)	12/8/1997 5:14:00 PM
From: Defrocked	Read Replies (3) of 18056

Mohan, regarding the projected supply tightness in US Treasury debt, I personally believe that the Treasury should continue to borrow heavily from all unsuspecting creditors.<g> The proceeds should be lent to the IMF on a formula basis or in return for complete control of that organization. This would allow the US Treasury to reap the currently huge credit spreads from Government bailouts.<g> The profits from this credit arbitrage could go to reducing our total US indebtedness. And if any government fails to pay us back we simply foreclose and take over!<g> Financial hegemony....gotta love it!<g> Korea, Thailand, Indonesia and soon Brazil, Russia and the former Eastern Bloc,wow! It'd be like owning a whole side of a Monopoly board, including hotels!<g> Now, of course, the Japanese and Chinese know what we're up to, so we have to be very careful not to tip our hand.<g> Don't tell anybody, okay? Or the Japanese may just dump all our bonds so we can't get away with it.<g> PS:I'd shouldn't have had that double expresso this afternoon.Whew.

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