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Nearly $8 trillion wiped off world stocks in January, U.S. recession chances rising
Reuters ^ | 22 January 2016 | Jamie McGeever

Posted on 01/23/2016 3:00:00 PM PST by Lorianne

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To: Lorianne

Eight trillion dollars?
Why that’s just eight of those platinum trillion dollar coins that our government creates wealth with.. . Grit teeth and winch.


21 posted on 01/23/2016 5:57:20 PM PST by Recompennation
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To: Lorianne

Reminds me of a house I once owned. I bouight it cheap. Let’s just say $100,000. The big bubble came to town and I had offeres of $300,000. The bubble burst and I still had a $100,000 house. I did NOT lose $200,000

All vapor and printed money means nothing.


22 posted on 01/23/2016 9:49:56 PM PST by Organic Panic
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To: Organic Panic

I agree. But if you had taken out a second mortgage on it (leveraged it) you would be out real money


23 posted on 01/24/2016 7:43:39 AM PST by Lorianne
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