Re: The differences between 1929 and Today
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and what does this have to do w/ the japanese funding the govt deficits?
Barron
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you were the one who said he was crazy and making the whole thing up.
if you had bet that he was making it up and none of it was true (cause he's crazy), you would have lost.
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unfortunately, it was conditional. my big issue with that was that the US govt was trading subsidies for investment in US securities.
i know that US securities were purchased NOT as a result of any oil exchange so thats why i thought it was time to break out the tin foil hat.
if 1/2 of the parlay is true thats fine. all i know is the main part of it (US traded oil for security purchases/deficit financing) is false.
Barron
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