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


To: mishedlo who wrote (62570)6/2/2006 5:36:16 PM
From: sciAticA errAticA  Respond to of 110194
 
re: One merely needs to account for the differences.

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... comparisons are, I suspect, entirely appropriate.

... the salient issue for me, as I noted, was the assumption of parallel conditions or context.

i.e.)) If, during its recent deflation, Japan did not hoard gold -- then, during future deflation, the US likely would not either.

... in my view, the very act of "account(ing) for the differences" acknowledges that no parallel exists...:-)