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


To: russwinter who wrote (20343)10/20/2004 1:35:19 PM
From: RealMuLan  Read Replies (3) | Respond to of 110194
 
Then maybe your "Crack Up Boom/Train Wreck hypothesis" is not so valid<g> I think the US will not crack up in a boom, but will be sinking slowly, maybe in a course of 20-50 years from now, and the US system inherently would not be able to deal with the sinking effectively because most voters like to be lied upon<g> so those who speak the truth would not get elected.

The reason I mentioned Yuan repeg against a basket of currency is that the effect might be much smaller than most people expected.