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

To: Rarebird who wrote (94634)	5/29/2008 9:04:40 PM
From: nextrade!	Read Replies (1) \| Respond to of 110194

Agreed mrci.com

To: Rarebird who wrote (94634)	5/30/2008 3:04:02 PM
From: $Mogul	Read Replies (1) \| Respond to of 110194

GREENSPAN: CREDIT CRUNCH IS NOW BEGINNING TO AFFECT ASIA, BOND YIELDS SHOULD RISE, AND 'INDEED' THEY ARE - High oil prices are part speculative, part long term structural demand, sees long term uptrend in global oil prices even if there are periods of decline - Notes that once inflation pressures emerge, bubbles do not form, does not expect to see another 'bubble' in world markets for a long time - Says need 'very tight' policies to hold down prices, it is a major issue is if politics allows raising rates, we are now observing a 'very serious' credit crunch