Zeev's Turnips Patch-No Politics (ZEEV)

[westpacific]

EURO blasting 1.35 should mark wave 5 top.

Greenspan wants massive inflation and massive dollar drop.

No other choice with DEBT mountain so high, inflate it away and drop the dollar down the toilet to make everything (seem) so much cheaper. IMO he will fail at this scheme, but let him try - he has no other choice.

Now if everyone stops buying our debt - rates will soar and a debt collapse will insue, that is what I feel is gonna happen in late 2005 or mid 2006.

Also recession in China around the same time, so if markets are six months early watch out the later half of 2005.

Talk of Russia, Japan, China getting out of dollars and buying Euros, Gold - anything but dollars, and that scenario will get faster. Also watch FNM, weak as hell and could implode if rates explode to the upside!