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


To: TobagoJack who wrote (16416)7/10/2004 12:23:31 AM
From: Jim Willie CB  Respond to of 110194
 
US exported inflation will bid the US right out of business
very much in keeping with VonMises principles

the rush for resources has been engaged

the main question for me is...
can the US print US Treasurys faster than China can spend them on resources that the US Economy competes for ???

this is pure crackup
we got an irrational world economy and an irrational US financial system
and bunches of co-opted economists spouting nonsense
while rational analysts can longer explain things

if one intends to produce competent forecasts, the analyst MUST think like a counterfeiter, think like a criminal cold-hearted thief, think totally irrationally, and imagine being on cilocybin LSD
then the weird dreams will be close to righton forecasts
or at least in the right direction

I wish I were joking
this is a technique I have been employing for a full year
not that my forecasts are righton
but one MUST think outside the rational box
like "reverse mortgages" and "hyperactive Fed monetization" and "rate capping while sacrificing US$"

more coming... THINK WEIMAR !!!
/ jim