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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (737)	9/13/2003 7:24:54 PM
From: yard_man	Respond to of 110194

thanks for sharing that -- enjoyed reading it.

To: Jim Willie CB who wrote (737)	9/13/2003 10:11:13 PM
From: yard_man	Respond to of 110194

>>The July Trade Deficit was reported at $40.3 billion. Year-over-year, Goods Imports were up 8% to $105.8 billion, while Goods Exports increased 3% to $60.5 billion. July Goods Imports were 75% greater than Goods Exports. Year-over-year, Crude Oil imports were up 31.4%, Pharmaceuticals 20.3%, Apparel 12.3%, Food & Beverage 8.6%, and Services 8.3%. Capital Goods imports were up 2.5%.<<

To: Jim Willie CB who wrote (737)	9/13/2003 10:12:42 PM
From: yard_man	Respond to of 110194

what's Japan getting for it's dogged determination to support the USD >>Examining Goods Imports y-o-y by region, Western Europe was up 3.9%, Eastern Europe 48.9%, Latin America 12.5%, Pacific Rim 6.2% and OPEC 24.2%. Y-t-d by largest trading partner, imports from Canada were up 7.2%, China 24%, Mexico 2.2%, Japan down 0.6%, and Germany up 13.7%. Other countries of note include y-t-d imports from Saudi Arabia up 68.4%, Brazil up 19.3%, Russia up 55.7%, and India up 13.9%<<

To: Jim Willie CB who wrote (737)	9/14/2003 4:47:29 PM
From: glenn_a	Read Replies (1) \| Respond to of 110194

Jim, that was a wonderful article! You told the story very well. Quite a fellow that Dr. Richebacher appears to be. Although well aware of the Austrian School of Economics, I wasn't aware of Dr. R. Thanks for sharing your thoughts and experience. Regards, Glenn

To: Jim Willie CB who wrote (737)	9/14/2003 8:46:14 PM
From: Silver Super Bull	Read Replies (1) \| Respond to of 110194

Jim, I am glad to see you were able to spend time with Richebacher. Over the years I have read many of his writings and have always been impressed. In the article, when you say "Then came his dire forecast…" it really caused me to take notice. From what I have seen from Richebacher this type of pronouncement is very rare, so I think it means a lot. DB

To: Jim Willie CB who wrote (737)	9/14/2003 9:33:13 PM
From: russwinter	Read Replies (2) \| Respond to of 110194

Wow, another great piece JW, you're on a roll. I've always felt Richebacher was a key thinker on this matter. I have an additional fifth line of questioning for Wizard of Oz Greenspan should the opportunity arise. The Congressman should delve into the influence of "moral hazard". Question how guarantees of nearly zero interest rates, and threats to go out on the maturity spectrum with purchases (i.e: the infamous Berneke helicopter statement) might encourage participants to engage in dangerous, wild and unsustainable speculation (in the tri-bubbles: housing, stocks, and bonds), because of the notion that the "fed is backing them up".

To: Jim Willie CB who wrote (737)	9/14/2003 11:14:36 PM
From: Eva	Respond to of 110194

Jim WOW, WOW informing,entertaining and interesting! Thank You Eva

To: Jim Willie CB who wrote (737)	9/15/2003 9:17:31 AM
From: russwinter	Respond to of 110194

Best work on the moral hazard threat: James Grant's "Trouble with Prosperity". Some excellent reader reviews at Amazon.com ; amazon.com