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To: John Semmens

The problem is that the “real assets” have been leveraged a hundredfold, and the result is $700 trillion dollars in derivatives.

The implosion will dwarf anything from the Great Depression. Nothing like this existed.


52 posted on 11/24/2008 10:17:47 PM PST by Michael Eden
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To: Michael Eden

...Marker...


61 posted on 11/24/2008 11:23:31 PM PST by JDoutrider (Heading to Galt's Gulch... It is time.)
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