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


To: que seria who wrote (892)9/20/2003 10:24:08 AM
From: re3  Respond to of 110194
 
what about "shippin' costs" (if the House of You Know Who fails) and a barrel of oil doubles in price ? will that matter (matter much) ?



To: que seria who wrote (892)9/20/2003 12:34:24 PM
From: russwinter  Respond to of 110194
 
Best point I've seen about the revaluation scam/perp. Obviously the objective of the revaluation has nothing to do with "getting competitive", but more to do with "forgiving" (devaluing) the large foreign debt and claims piling up against the US. It's an attempt to get it all: cheap goods, with partial debts erased, and a continued free ride of nearly free credit cost.

The great question of the day and quoting from the immortal Ernest P. Worell, "Do the Asians (I know the Europeans ain't buying) look like they have stupid written all over their faces?"
ernestfunclub.com
If so, then this US financial and money crowd really do deserve to keep their title of "greatest carnival barker of all time".