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To: 4figureau who wrote (2763)1/20/2003 10:59:06 AM
From: Jim Willie CB  Read Replies (5) | Respond to of 5423
 
no native response mechanisms inside US economy anymore
mfg base is gone
been saying this all spring, summer, autumn

now Fed Monetization efforts will keep the trade gap wide
and perhaps widen it further, even as the dollar declines
until Chinese trade restrictions are raised, this will continue unabated

we are building the Chinese economy now with fiat dollars printed from desperation and arrogance !!!


WELCOME TO THE USDOLLAR DECLINE VICIOUS CIRCLE
I dont understand why this isnt more widely anticipated
its surprising stubbornness will breed a world monetary crisis
and a gold volcano
by the way, volcanos DONT always blow off their tops
some just simmer year in year out, shooting steam in dangerous billows, but seem never to ultimately blow

/ jim