To: Mark Adams who wrote (62804 ) 1/29/2001 8:37:35 PM From: oldirtybastard Read Replies (2) | Respond to Unless they have models with all those complex derivative positions in existence and how they will all behave under duress, I really think they can't be too far ahead (of the economics brains on this thread I mean, they are very far ahead of me personally -g-). We see what they are doing with their repos and coupon passes daily, we know how the ponzi finance schemes have been growing their balance sheets, we know how many people are losing jobs, we know how many credit card applications and banks begging to loan us money are flooding our mailboxes all of a sudden, we know how severe the energy crisis may become, we know the abuses by insiders and sell side firms, the list goes on and on, you know the drill. I guess we don't know what kind of pull they have with foreign central banks and governments, which could become key if the dollar starts to behave like it should by going down, but I'm not going to believe they have everyone under control, and remember that America is still the devil to much of the world.
