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To: TigerLikesRooster
“I disagree with the conclusion that the market is facing imminent defaults of the magnitude she described.”

What happens if the defaults are "only" 1/3 or 1/2 of the magnitude she described? Sounds like some of those guys in 1929.

13 posted on 12/24/2010 9:08:21 AM PST by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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To: Oatka

Legitimate bond funds are insured.....that is why they are so safe.


16 posted on 12/24/2010 9:20:33 AM PST by AFret. ("Charlie don't surf ! ")
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To: Oatka

Yes lol they kept reassuring people everything was just fine and then boom it wasn’t.


50 posted on 12/25/2010 8:28:52 AM PST by FromLori (FromLori)
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