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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 (6555)	1/30/2004 3:22:26 PM
From: Haim R. Branisteanu	Respond to of 110194

The news were before markets opened in the US. But who cares the Euro rules <GG> As to the ECB members, European finance ministers and other "EZ financial experts", they are all buffoons with bigger ego than the Sears Towers, completely disconnected from reality and really believe that sound fiscal policy is having high unemployment and little personal debt. --- the mirror of US policy --- borrow, work and shop until you drop On the other hand EZ corporation are in debt over their head, (more than in the US on average and from banks not bondholders) and that is OK ..... as those guys think the CEO's and CFO's are smart people and know what they are doing .... e.g Parmalat which no one really knows how much the company is actualy indebted