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Re: TJ Parker post# 253776

Sunday, 06/06/2004 11:47:30 PM

Sunday, June 06, 2004 11:47:30 PM

Post# of 704019
TJ....

I think you have only begun to see the unwinding of the carry trade -- there should be much more to come. And regardless of the rationale behind the growth of M-3, it represents a lot of cash and will find a home somewhere -- more fuel for the bubbles until the bubbles start bursting.

mlsoft

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