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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (49728)4/8/2002 10:01:48 AM
From: Jim Willie CB  Respond to of 65232
 
US provides financial harbor for terrorist states
and thus fits Bush Doctrine for a terrorist state itself
we import 40% of our oil from Arab nations
who almost uniformly support terrorist networks
either overtly, with men, or with money

I find this ludicrous
we utter fiery rhetoric
while importing their oil
and operating a national trade deficit
and operating a national federal deficit
both of which are financed by foreigners

we are most vulnerable with our money
that is where I expect they will attack next
by diverting petro-dollars to the Euro, bypassing US$

the leverage is staggering
our stock, bond markets would be hurt again
as the USdollar would slide gradually
and interest rates would rise

end result: inflation and rising precious metals
/ jim