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

To: mishedlo who wrote (4753)	1/11/2004 10:54:19 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 110194

I do not think that EZ will cut rates even that they are under tremendous political pressure to do so. Those idiots at the ECB can not get over their 2%+ inflation rate even after te EUR appreciated over 20%. In their mind they think that a high EUR is a matter of pride and more so for the French but in the meantime from what I read Germany will be soon on the ropes again as VW BMW, MB and other start moving production to the US. If they do then all the suppliers will to. EZ service industry is worst than ours when it comes to rising prices, and their price tag for healthcare is higher than in the US as more services are given by the government