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To: Ahda who wrote (73544)7/17/2001 7:05:57 PM
From: marek_wojna  Read Replies (1) | Respond to of 116753
 
<<US put on credit 'watch list'
Monday, 16 July 2001 12:08 (ET)

Has this occurred before and if so when?>>

I don't think so.

<<If there is a currency problem yes there will be a huge move in gold>>

All I can envision is a TOTAL and PERFECT CHAOS comparable only with A.Greenspan speeches when he tries to convince the world about his ability to understand MONEY.



To: Ahda who wrote (73544)7/17/2001 10:37:28 PM
From: long-gone  Read Replies (2) | Respond to of 116753
 
<<if someone came on this board calling you a fool I would immediately come to your defense. >>

Remember, I too said Hutch is not a fool, just one day ,perhaps soon, he will be wrong - again.

<<This is going to be one weird soft landing. >>

Yes, think what will happen when all those workers from south of the border become legal and get pay increases & some bennies? CAN WE SAY INFLATION?

<<Where property remains inflated and there is an increase in unemployed people. Now there is the rub, People allowed to be here with-in the law will be more likely to travel & some relocate, some to more rural areas which also have a large Hispanic population base.. Your CA housing may decrease in cost at the lower edge , but also might increase toward the top end of the scale.

<<but cargo docks are not working on a full capacity base.>>

That confirms the same type reports that I'm getting from New Orleans, Houston, & Seattle. Seems there is also beginning to be seen some reduction crossing border at El Paso.

<<US put on credit 'watch list'
Monday, 16 July 2001 12:08 (ET)

Has this occurred before and if so when? >>

If I recall correctly 75-77 somewhere back in there.