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


To: glenn_a who wrote (839)9/19/2003 9:24:52 AM
From: russwinter  Read Replies (2) | Respond to of 110194
 
<free market economics.>

The IMF, World Bank and the US don't practice true "free markets", but more of a financial based quasi- mercantilist system, with a heck of a lot of interference, distortion and manipulation. I do find it interesting that at least the IMF has been forced to now give lip service (see post 840)to the mess the US has dug itself into, so what goes around comes around? But why do they wait until the US runs 10% of GDP combined deficits for this? No one else would have gotten off so light.