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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Harvey Allen who wrote (69206)4/14/2004 9:44:51 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
I know this one, but this time is different! A spike in
rates this time is caused by collapsing credit bubble,
housing bubble, and the
giant leveraged (150 Trillion leverage!!!) speculation in
term carry trade, also known as interest rates derivative
time bomb. With higher rates, this bomb will go BOOM!

Ain't gonna be pretty, if they can't hold it. But with such
a leverage, who can?