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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 (22336)11/23/2004 8:03:22 PM
From: LLCF  Read Replies (1) | Respond to of 110194
 
<<A - let rates go up and watch federal deficit skyrocket while housing and indebted citizens go bust>>

<<B - monetize bonds, hold rates down by means of a USDollar sacrifice, and watch the real economy enter a widely recognized depression, while the financial bubbles slowly leak>>

Since A also includes 'widely recognized depression' I think B is the only choice the powers that be would even consider.

Everyone is on board the luv train.

DAK