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To: kech who wrote (116208)3/29/2002 1:57:55 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
agreed completely on overall assessment
I thought you meant 1870 right after Civil War

I see big forces for deflation continuing also
but I see big isolated forces for inflation surfacing
the energy situation is fraught with undersupply from years of neglect
many think the recession calmed the problem, and went away
it only rested, to emerge uglier than before

the developing nations are consuming oil at twice the growth rate as compared to industrialized nations
China is the best example
natural gas will probably rise by 50% in price within months
that is the take from readings of oil/gas experts

the scary proposition in my view is the combination of deflation in tech sectors, inflation in energy sector, mixed together by any unexpected changes in the overarching currency markets

the ForEx is so so big
financial markets are very much like 3-D weather
we might end up with some tropical storms from the ForEx jet streams combining with strong gradient differences in deflation/ inflation
this must be examined, a certainly tough topic

if tornadoes and hurricanes occur in weather,
how do they occur in financial systems?

big jet streams working on strong gradient differences
we will see
good luck to you
enjoy the discussion with bright people on these issues

A Peaceful Observance of Good Friday to all
/ jim