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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 (12691)4/27/2004 12:47:40 PM
From: philv  Respond to of 110194
 
A timely post Jim, reminding us that the fundamentals are still the same as they were a few months back when we all agreed on the inevitable decline of the US dollar.

What has since become so apparent however is the huge intervention by the BOJ and support by the BOC. Of course the FED will never acknowledge that, and so now we have yet another bubble building in the Asian holding of US debt.

The question is how long will foreigners keep propping up the dollar?


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