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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: James Hutton who wrote (145912)9/11/2008 11:37:56 PM
From: THRead Replies (1) | Respond to of 306849
 
James,

I actually heard him speak this morning. He also made a comment that the weakening of the Pound has exacerbated inflation concerns. I paraphrase of course, as I don't remember his exact words.

I thought it was interesting, as I have been wondering at what point the G7 central monkeys determine that a weaker currency to improve exports is not worth the inflation risk.

GT
TH



To: James Hutton who wrote (145912)9/12/2008 10:37:16 AM
From: TommasoRespond to of 306849
 
>>>Brits haven't gone to the Bernanke/Paulson school of central banking. <<<

If they stick with their position it will be amazing. I think they will cave in and socialize their mortgage problems.


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