To: Cary Salsberg who wrote (10454 ) 7/18/2002 10:07:19 AM From: Jim Willie CB Read Replies (2) | Respond to of 10921 some references to dire upcoming stock movements dont be fooled by the economist drivel they havent gotten much right in a decade their research (like a whore's affection) is bought & paid for first, a reference of rising debt levels Puplava is the author of the Perfect Storm Scenario which is in its middle phases now, right under your noses the declining USdollar is the jetstream that stirs up the storm centers where low pressure zones of debt collapse mix with high pressure zones of commodity gathering the 1990's was all about the manipulated dollar rise this decade will be all about the declining dollar and the vacuum it creates, with debt failures and inflation backdoorfinancialsense.com venerable John Murphy charts highlight THE MOTHER OF ALL S&P BEAR PATTERNS !!! target S&P = 500 or sogold-eagle.com a similar chart perspective but with many attached words, and some discussion of real trends and valuation normszealllc.com a similar chart perspective with rumors of MASSIVE STOCKHOLDER LAWSUITS UPCOMING that is according to a talking birdy321gold.com and an interview with Seth Glickenhaus, who sees a depression coming his rationale is a decade of extreme excesses, huge overvaluation, an empty capex pipeline, and absurd overemphasis of consumer spending which will likely disappear as fast as available credit he sees a 10-yr bear market "the longer and bigger the bull, the longer and bigger the bear" those who deny this historical fact will likely go bankruptMessage 17736009 the declining dollar will usher in a debt collapse one of its many signals is the cratering DJUtility index it should be rising in this low interest rates environmentfinance.yahoo.com ^NNA&d=c&t=1y&l=on&z=b&q=l munch on these and get a better perspective I leave you a conundrum: since 1990 the USA has had several years of federal deficits, some of which in early 90's were truly massive since 1990 the USA has had a trade gap that has grown from $200B/yr to well past $500B/yr now since 1990 the Federal Reserve has created $3000B in crisp dollars for our usage, to fend off world disasters, and to fund our socialist system, thus expanding our money supply by 80% even as our GDP grew by about 30% since 1990 we have mysteriously seen inflation decline, if you believe the klaptrap CPI index, which many statistical experts believe underreports by 20-30% since 1990 we had miraculously seen the USdollar rise almost 50% versus the DMark and JYen since 1990 we had seen gold decline about 50% under the thumb of world central bankers EXPLAIN THIS !!! the construction of TwinTower debts should engender the opposite reaction with rising rates and rising inflation dont insult me with an answer centering on rising productivity excluding InfoTech, since 1975 productivity is at most +1.9% of course, you could point to 2001Q4 which used a hedonic multiplier of 15x for IT spending you know? PC's are faster, servers are swifter, storage is quicker, bandwidth is at speed of light so we got 15x as much work done <rolling laughter> explain the conundrum, and I will stick around otherwise, I waste my time by talking to sheep who believe the bullshit handed to them by the media & press, who have burned them for 4 years running chips will lead out? right, check bank sector Siebel down 60% recently, as IT spending is "extinct" in today's press release the bankruptcy parade will be continuing for several quarters respectfully / jim