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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 (7252)	2/8/2004 12:01:32 PM
From: Jim Willie CB	Respond to of 110194

I said last week that they risk a total "about face" in G-7 they need to limit the acceleration downhill for the US$ but they cannot risk a complete loss of credibility in Oct Qatar G-7, they essentially green lighted the FOREX boys to pile on in US$ selling they could not issue a statement for them to reverse the real jist of the new strategy is for the Bank of Japan to allow a move to parity SOON SOON SOON with the jyen the US numbnut officials will talk with satisfaction of such a development they will not even anticipate its consequences HIGHER ASIAN IMPORT PRICES what starts in Japan, extends to Korea, Taiwan, and eventually China get ready for late 2004 and all 2005, higher Asian import prices it has begun it will not stop it will (in time) show up in CPI goofy index unless they wash it out as a "one-time event" imagine, the collapse of hthe USDollar as a one-time event / jim