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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (4303)8/10/2002 5:32:40 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
methinks SudAmerica implodes before March
"same old same old" applies to the Fed and USA also
economy isnt responding
stocks sure as hell are not
dollar has repudiated Fed policy
same old same old
more Fed unleashed money supply is same as in Brazil

excess credit in US economy is choking all parties
yet the economists and advisors want more of the same
we are more similar to SudAmerica than different
foreigners are far more willing to finance our ways than they are with SA
that is all, but it be a changing

the dollar shocks come before March also
bigtime
/ jim



To: SGJ who wrote (4303)8/10/2002 8:09:23 PM
From: 2sigma  Read Replies (1) | Respond to of 89467
 
"...You eventually pay them all of it in interest or they repo all your stuff. After a global "netting", that group can't lose."

Please cite one time where international bankers came in and "foreclosed" on their collateral. They don't do that. What do they do instead...that is the question.

Haps.