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To: Nervous Tick

There’s about a quadrillion dollars worth of credit derivatives which are basically a form of insurance against these kinds of losses. When the world economy crashes hard who will pay for them?


20 posted on 10/30/2014 5:33:53 AM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: Jack Hydrazine

That’s a good and valid question, but irrelevant to the one I asked.


21 posted on 10/30/2014 5:34:46 AM PDT by Nervous Tick (There is no "allah" but satan, and mohammed is his demon)
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