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


To: westpacific who wrote (3807)12/23/2003 6:14:34 PM
From: Joe S Pack  Respond to of 110194
 
westpacific,
Thanks for the BoJ analysis story.

It looks like it won't be too long before the US government starts submitting their annual budget to Godzillas (Japan, China, India and all other countries) for pre-approval before it goes to Republicrat's congress for rubber stamping.

God bless America!

Happy Holidays to all.



To: westpacific who wrote (3807)12/23/2003 9:03:56 PM
From: NOW  Respond to of 110194
 
watch the chart and not any MOF goons lips: quotes.ino.com
Talk is cheap. Yen are expensive.



To: westpacific who wrote (3807)12/23/2003 9:34:30 PM
From: NOW  Read Replies (1) | Respond to of 110194
 
ttrader.com
could be time for a correction...
bonfire of the currencies....
more printing to buy worhtless paper: makes sense, likely to make everyone richer....
let me know when you see the helicopters and I will hurry over....



To: westpacific who wrote (3807)12/24/2003 5:19:11 AM
From: TobagoJack  Read Replies (1) | Respond to of 110194
 
Hi westpacific, <<The Ministry of Finance Has A Message For You>>

... is good news, because

Message 19625957

... and antidote is on the way

Message 19625971

Chugs, Jay



To: westpacific who wrote (3807)12/24/2003 12:08:41 PM
From: Rarebird  Read Replies (1) | Respond to of 110194
 
<Everyone read what the BOJ is doing.>

I'm not surprised. As the international private sector sees what has been happening to the US Dollar for the past two years and looks elsewhere for investment opportunities, the world's Central Banks are desperately trying to take up the strain. It is going to be VERY costly, to say the least.

The portion of global savings required to fund the US current account deficit has more than tripled since 1997. The bulk of these savings has come from Asia. The US is now absorbing slightly more than 80% of the total savings achieved by all the rest of the world combined. The real problem with this flow of global savings into the US is that it is not being used for any productive purpose. The crash in US capital tools certainly proves that. It is therefore clear that the rest of the world's savings are going straight into the ongoing US private and government consumption, with the first to be seen in the US trade deficit, and with the second to be clearly seen in the fast climbing US federal budget deficit. All the government spending is for the purpose of funding internal political spending and external war making in the Middle East, not to mention the new US military base building.