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


To: robert b furman who wrote (69676)8/2/2004 3:54:39 PM
From: Real Man  Respond to of 94695
 
We are not coming out of deflation - the multi-trillion dollar
debt is out there, above 300% of GDP (more than in 1929), and
growing. The Fed has to monetarize faster and faster, as the
total debt grows, and more of the it is going bad. The
alternative is the derivative collapse. Simply unacceptable.
JMHO.