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To: Giordano Bruno who wrote (338780)	7/20/2007 9:34:52 PM
From: Real Man	Read Replies (1) \| Respond to of 436258

Da Fed is at crossroads. They would love to print, but the dollar is hanging on a thin thread, so they don't. The longer they don't print, the greater the probability of a sudden BK driven by lack of liquidity (da glitch in February was exactly that, on a minor scale -g-) - derivatives monster requires lots of it, and it is evaporating into bad debts. If they print, the dollar thread will likely break. Maybe, they can get the Brits to buy it with a mighty pound, I don't know. -g- I think they tried that in May, and it did not work.