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


To: Jim Willie CB who wrote (8610)2/24/2004 10:53:39 PM
From: mishedlo  Read Replies (3) | Respond to of 110194
 
only after the great crisis, plus 10-15 yrs
as long as the principal agents of this economic crime are still in office, on advisory staffs, in academia, at main brokerage firms...
not gonna happen

you vastly underestimate the ability for the system to blame AlQaeda, Arab oil producers, China, currency traders, and dumb luck like a stock bust


Not at all
My timeframe is about the same as yours
If we we have an enormous deflationary crash it could come sooner, but my guess is we drift for years like Japan. It might just take 10-15 years for people to realize he was an idiot.

Where did I say tomorrow or next year?
Just a matter of time really meant that.
PS that objection of yours is exactly the problem I have with treasury bears. In time "just a matter of time" will be proven correct. That might be 5 years from now. Who knows?

Sorry I was not more explicit. But it takes time and lost of it for a "demi-god" to get trashed.

Mish



To: Jim Willie CB who wrote (8610)2/25/2004 10:15:57 AM
From: yard_man  Respond to of 110194
 
yep. but lots of folks still think JFK was a great president -- go figure.