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The Mideast Is Playing Its Traditional Role Reversal
Category: MIDEAST
Posted by Pete Kendall | July 17, 2006 | 04:34 PM
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The 'Energy' and 'Anger' of the Decline Catch Up To Haditha
Category: LATE SIXTIES REDUX
Posted by Pete Kendall | June 03, 2006 | 12:06 PM
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Winning Friends and Influence In a Major Decline
Category: MIDEAST
Posted by Pete Kendall | May 12, 2006 | 11:30 AM
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Foreign Leaders Shocked at Hamas Win
Category: MIDEAST
Posted by Pete Kendall | January 27, 2006 | 01:46 PM
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One Moment In Time
Category: MIDEAST
Posted by Pete Kendall | January 10, 2006 | 05:21 PM
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Israeli Forces Block Protest March On Gaza
Category: MIDEAST
Posted by Pete Kendall | July 19, 2005 | 04:42 PM
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RECENT ARTICLES
July 17, 2006
The Mideast Is Playing Its Traditional Role Reversal
read more
June 3, 2006
The 'Energy' and 'Anger' of the Decline Catch Up To Haditha
read more
May 12, 2006
Winning Friends and Influence In a Major Decline
read more
January 27, 2006
Foreign Leaders Shocked at Hamas Win
read more
January 10, 2006
One Moment In Time
read more

FRESH COMMENTS
Wall Street investment banks will maintain that damage from the subprime lending debacle remains well contained as a result of their hedging strategies. The truth is that they have no other course of action but to exude confidence until they actually figure out who owes what to whom. The financial engineering that supposedly protects them from mortgage debt default is so convoluted and interleaved that it will take something resembling a meltdown to really know who is left holding the bags.
- Sheldon M. Rubin
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The Times (London) article of March 8th says it all : "if you believe that the world will soon return to the inflationary conditions of the 1970s and 1980s, you should sell everything." The terrible irony, of course, is that we HAVE been undergoing hugely inflationary conditions in assets, equities, commodities and property right through the 1990s and particularly through this decade.The only way to judge inflation is through the lens of credit inflation. The chart shown on page 11 of The Elliott Wave Theorist in December showing the diminishing return of each dollar of new debt demonstrates the astonishing level of mal-investment that four decades of rampant credit inflation has led to. The only sensible conclusion is that this will reverse leading to a deflation of historic proportion.
- Nick Marshall
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Th idea of the Kobe Club is a fascinating Socionomic epic in itself. Dining under 2000 Samurai swords pointed downward! To me this foreshadows what is coming for a great many Americans who will have a high probability of being fatally skewered as they try to "catch a falling knife" in a Grand Supercycle decline. Completely, totally, utterly bizarre.
- Sheila
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