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To: Sig who wrote (6083)2/8/2002 3:11:10 PM
From: Jim Willie CB  Respond to of 13815
 
struggle of titanic forces
world deflation coming from Asia and our own US overcapacity
Federal Reserve money infusions to reflate

capital is burning rapidly every day, every week
debt is collapsing, stocks are revalued lower, currencies gyrating heavily
reflation efforts seem panicky by the Fed these days
last week, GreenSpasmJism declared victory and went home
just like in our USArmy did in VietNam in 1971

two questions I have:
how long before the good guys in Fed hats win?
what will the aberrations be?

the longer it takes until Fed victory, the uglier and more peculiar the aberration
e.g. spike in commodity inflation while recession lingers

the WhiteHats must win, or else we face the 2nd Great Depression

gold is the signal of distress, and usually a signal of imminent dislocations
/ jim