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)
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 ! ")
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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