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

To: orkrious who wrote (27169)	2/24/2005 8:38:28 PM
From: russwinter	Read Replies (1) \| Respond to of 110194

Wednesday would have been the day for that. I'll just continue managing them. This is a system that may fail at any moment. The US had huge twin deficit financing needs in Feb. and coupled with desertions among the second tier BW II players, this would have been the moment for this house of cards to fracture. It's clear that someone (mostly likely Japan) has now printed up another $22 billion to take care of the gap and prevent a big, big problem. How many Old Maid Cards did they take off of the other BW enablers? So the question is will the Japanese take this to a whole new level? LOL, still just postponing the inevitable, and digging the BOJ into an even deeper hole. But what else is new?