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

To: GST who wrote (36576)	7/22/2005 1:12:48 PM
From: Umunhum	Read Replies (2) \| Respond to of 110194

What I see is the UK following your script -- and it is a coherent logical script that does not apply to the US -- why? Because the UK is your run of the mill country going through a typical asset bubble while the US is in transition from supreme economic being to crack whore trainee. I don't know if I would use your terminology but you made my point. Mish completely ignores the fact that the US is borrowing over 70% of the world's savings. He seems to think that it isn't important. I give up. There is no point in debating someone who claims that the US government spending is going to go down.