what will keep the us economy going now?, page-11

re: re:us bond market -kurt richebächer G'day
A notable lack of comment on the bond market collapse in the media? Heres the final paragraph of an article by Kurt Richebächer.
complete article at -

http://www.financialsense.com/editorials/daily/2003/0801.htm

cheers
Rod

The fundamental dilemma today is that – by every method available - the Greenspan Fed and Wall Street are making desperate efforts to sustain unsustainable bubbles. Of these, the belabored bond bubble is now our greatest fear. Its influences have pervaded the whole economy and the whole financial system, and its bursting may have apocalyptic consequences.

Regards,

Kurt Richebächer
for the Daily Reckoning