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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 (76276)12/21/2006 12:25:32 AM
From: bart13  Read Replies (1) | Respond to of 110194
 

But more importantly money center currencies often strengthen initially during major busts...


Thanks for the explanation - much appreciated. I didn't know Dan Norcini had an economics bent either.

A few of the charts I have on the Wiemar period do show that exact effect. In early to mid 1920, perhaps due partially to the world wide recessionary period, the mark did gain on the dollar.



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