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


To: Real Man who wrote (3629)12/19/2003 12:13:28 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
I don't know why not, given the dollar drop.

Because printing is failing to produce inflation other than in commodities. That is why.

Corporate and junk bonds have credit risk.
US treasuries do not. (or the whole world goes to hell)
I look for a treasury rally (over the long haul).
Not worth it for me to play at this point.
Eurodollars are safer.

M



To: Real Man who wrote (3629)12/19/2003 12:47:09 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 110194
 
USA is well along on the trap Japan has found itself
the entire real estate refinance and purchase movement is an exact replica of Japan's banking destruction
except in the USA, we have it concentrated in the GSEAgencies
give it another two years, and mortgage finance banking will be permanently kaput, just like Japan's

the EU has not participated in the game
in fact, ONLY ENGLISH SPEAKING ECONOMIES PARTICIPATE
the worst real estate bubbles are England, Canada, and other lands where they speak English funny

China is the biggest risk nowadays outside the USA for hitting a bank skid
I expect they will engineer a healthy correction
which will cause a devastating US correction

/ jim