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Subprime lending to trigger world’s worst financial crisis since 1929
Asia News ^ | September 19, 2007 | Maurizio d'Orlando

Posted on 09/20/2007 4:55:46 PM PDT by NYer

click here to read article


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To: nicmarlo

“Let us be thankful for the fools; but for them the rest of us could not succeed. ~ Mark Twain”

I like that one, sort of. I’ve often reasoned that one would not appreciate positive without having experienced negative. If there was a way to just have the positive, I’d write a book and retire ;)


561 posted on 09/21/2007 8:05:40 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: nicmarlo

And all the points were valid as well.


562 posted on 09/21/2007 8:06:17 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: jedward

Not until you send me a signed copy (for free of course). : )


563 posted on 09/21/2007 8:07:12 PM PDT by nicmarlo
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To: jedward

So....why is this not being discussed?

Can no one see this????


564 posted on 09/21/2007 8:08:12 PM PDT by nicmarlo
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To: nicmarlo; jedward

Advanced technology is the only answer. Everything else is gone.


565 posted on 09/21/2007 8:08:59 PM PDT by editor-surveyor (Turning the general election into a second Democrat primary is not a winning strategy.)
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To: editor-surveyor; jedward
Everything else is gone.

Sounds like a royal flush to me.

566 posted on 09/21/2007 8:10:18 PM PDT by nicmarlo
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To: nicmarlo

lol :) of course...


567 posted on 09/21/2007 8:13:50 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: nicmarlo

Because it interferes with some people’s ability to separate politics from reality...that’s my short answer.


568 posted on 09/21/2007 8:15:38 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: jedward; nicmarlo
"If there was a way to just have the positive, I’d write a book and retire ;)"

In classical physics, the positive cannot exist without the negative, and vise-versa. Nikola Tesla documented what he believed was a way to create a monopole, and derrive therefrom an unlimited source of free power. He was never able to test his equations in the hard world, and since his death nobody else has attempted either :o)

569 posted on 09/21/2007 8:17:46 PM PDT by editor-surveyor (Turning the general election into a second Democrat primary is not a winning strategy.)
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To: editor-surveyor; nicmarlo

I’ll give you the ‘everything else is gone’, and even the ‘advanced technology is the only’...but I’d replace ‘answer’ with ‘option’. It’s our only option left right now, but I’d have to see a really strong argument that a mildly narrow market niche’ as such could ever be enough to become a real answer to what we face. I’d say it might be blood clotter, so we can find a surgeon, and fast!


570 posted on 09/21/2007 8:18:16 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: jedward

Another short answer: it’ll shake some people up and some sheeple may actually start to think.


571 posted on 09/21/2007 8:18:59 PM PDT by nicmarlo
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To: editor-surveyor; jedward

Interesting that you mention him. There are some stories about his “suspicious” demise....don’t know if you’ve read about them. Has to do with Bush and other folks. What was done to him, and his inventions, just ain’t right.


572 posted on 09/21/2007 8:21:37 PM PDT by nicmarlo
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To: editor-surveyor

What says Hawking? I don’t know much about the subject, but have always been interested.


573 posted on 09/21/2007 8:22:18 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: jedward; editor-surveyor

I agree; there’s only so much “advanced technology” in existence, or even for sale, around the country.

And because they likely would be found mostly in mega corporations (which are very few in comparison), the profits would, therefore, go to corporate elitists/greedholders....


574 posted on 09/21/2007 8:24:39 PM PDT by nicmarlo
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To: nicmarlo

That would be nice.


575 posted on 09/21/2007 8:29:36 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: Hostage
You have a talent for displaying unadulterated ignorance.

Well, you are the expert in unadulterated ignorance.

You think private equity is not a part of banks?

I know that banks can borrow from the discount window while private equity firms cannot.

Yes banks allowed their hedge funds both to borrow funds and to buy the MBS that they underwrote and issued.

Banks and prime brokers lent money to hedge funds. Hedge funds bought MBS. Is this supposed to be secret info you're posting here? LOL!

Further response is not needed.

Stop posting bad info and I'll stop pointing out your errors.

576 posted on 09/21/2007 8:29:42 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: nicmarlo

WIPO comes to mind...


577 posted on 09/21/2007 8:30:53 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: jedward

very nice....for a change.


578 posted on 09/21/2007 8:32:06 PM PDT by nicmarlo
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To: Toddsterpatriot

Good evening Toddster :)


579 posted on 09/21/2007 8:32:27 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: jedward

Yes, it is a narrow niche, but it is what keeps the U.S. in front for the moment, at least from the humanist perspective.

Have you ever read Dr. Larry Bates book? (The New Economic Disorder)

He sees this as the beginning of the answer to the “give us this day our daily bread” plea of the Lord’s Prayer. He believes that there will soon be a huge transfer of wealth as the economic house of cards collapses, but not in the direction that they have it planned.


580 posted on 09/21/2007 8:33:16 PM PDT by editor-surveyor (Turning the general election into a second Democrat primary is not a winning strategy.)
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