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


To: gregor_us who wrote (12468)4/22/2004 7:11:21 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
<Impressive stuff>

Good part of the reason the citizenry are willing to put themselves in harms way borrowing up to their noses now with ARMS, HELOCs, charge cards. Speculators are given the green light to continue borrowing short term at one percent rates, and buy bonds, stocks, commodities or anything that "has a good story". The wizards are on your side. The cogniscenti apparently think they have a guarantee to mint money without fear. Risk, what's that? The Wizards will ride in like the 7th Cavalry if there's even a downtick.
eyewitnesstohistory.com
Downticks have been abolished (yeah, sure). Afterall the speculators might take the world economy down if there was one.