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


To: russwinter who wrote (74802)12/4/2006 12:26:33 PM
From: Mike Johnston  Read Replies (2) | Respond to of 110194
 
I am very troubled and puzzled by what i see going on.
Either we are near a peak of this financial and economic bubble or these are early stages of hyperinflation.

Look at zimbabwe: riots, social unrest, shortages, hyperinflation, hunger, 40% real GDP decline, it doesn't get much worse than this. But the Zimbabwe stock market index is up 18 fold as of end of October.

Maybe Glassman et al of the Dow 36,000 fame will get the last laugh.