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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 (6920)2/4/2004 12:12:30 PM
From: philv  Respond to of 110194
 
I think Japan is in a hard spot as well because Japan's intervention has everything to do with China. The US isn't the only country losing investments and jobs to China.

Politically it is far easier for Japan to intervene in foreign markets than to see job losses. After all, they too have a printing machine, and they also know how to create mountains of debt. It is just so easy.



To: mishedlo who wrote (6920)2/4/2004 12:55:42 PM
From: yard_man  Respond to of 110194
 
how bout "clear support" that gets sold heavily ...



To: mishedlo who wrote (6920)2/4/2004 2:15:52 PM
From: Jim Willie CB  Respond to of 110194
 
agreed on all counts re G-7

DeptTrez and Fed will talk about higher rates
but doing so would hurt our financial markets and housing
which are the central pillars of "wealth creation"
what an effing joke
an entire economy built upon bubblicious foundations
this too shall pass

I think, conversely, that the ECB will talk about cutting rates
but doing so would promote financial cancer metastasizing across their real economy in the same way that process has done so in the USA
such is anathema to them, which they will resist mightily

before long, world central banks will execute most of their policy by means of words, not actions
since their actions would destroy their economies further
when those are the prevailing widespread perceptions, confidence in fiat paper will have accelerated downhill
and gold will be firing on all cylinders

what a long strange trip it has been, and will be

/ jim