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

To: JBTFD who wrote (14318)	5/23/2004 1:32:01 PM
From: glenn_a	Read Replies (1) \| Respond to of 110194

Hi Mark. Very nice to hear from you. I'm delighted that you acquired and read "Tragedy and Hope". Truth be told, I only made it through the first third of the book, because I was mostly interested in the late nineteenth century thru to WWII period. But I found the monetary dynamics leading up to and surrounding the Great Depression of the 1930's the most interesting. ((I did a little research and found out that combined C and JPM now account for over 50% of the New York Federal Reserve.)) Holy concentration of economic power batman. So, I wonder if the Fed will conduct monetary policy more in the interests of American society, or more in the interest of the derivative portfolios of C & JPM and their dominant shareholders? ... umm, that was a rhetorical question ;) Thanks for the "theyrule" site. That's a wicked map! Best wishes, Glenn