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

To: yard_man who wrote (3626)	12/19/2003 7:04:09 AM
From: russwinter	Read Replies (1) \| Respond to of 110194

<When imports to this country start dropping --intervention subsides on behalf of the buck> That's part of Richard Duncan's theory, although he also questions the sustainability of foreign debt purchases. The total excess savings of the entire planet is well under a trillion a year, and the twin deficits are now $1.1 trillion. This will require sustained CB buying of up to half of that, an extraordinary number any way you cut it. Is it doable for another year? I have big doubts, but once in awhile my calls are wrong. Also I don't compare the US situation to Japan's experience at all, it's more akin to Argentina.

To: yard_man who wrote (3626)	12/21/2003 8:08:54 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 110194

OT - Hussein Was Held by Kurds Before U.S. Capture, AFP Reports Dec. 21 (Bloomberg) -- Saddam Hussein was captured by U.S. troops only after being held prisoner by Kurdish forces, who had had drugged and abandoned him, Agence France-Presse reported, citing a Sunday Express newspaper report. The Kurdish Patriotic Front, which fought alongside U.S. forces during the Iraq war, held Hussien until it negotiated for more political advantage in the Middle East, AFP said, citing the paper, which quoted an unidentified Iraqi intelligence officer. Hussein, who had been in hiding since April, was captured a week ago about 9 miles south of his hometown of Tikrit in northern Iraq, Lieutenant General Ricardo Sanchez, the top U.S. military commander in Iraq, said at a press conference then. (Agence France-Presse 12-21) Last Updated: December 20, 2003 22:28 EST