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


To: NOW who wrote (29904)4/2/2005 6:12:56 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
Japan rates were not sub 1% or anything close when their bubble popped. Rates fell to those levels AFTER their bubble popped.



To: NOW who wrote (29904)4/2/2005 7:09:02 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
High interest rates are indeed a crucial factor in popping bubbles. Your comments re: Japan rates were simply wrong.

The Japan prime bank lending rate exceeded 8% as their bubble began to pop in 1989/1990.

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