Before we throw the free market in the trash can to the tune of $700 billion taxpayer dollars, I want to see some of these dire consequences first. It’s not like buildings will crumble- the market can be re-capitalized.
Buffett's "time bomb" goes off on Wall Street
******************************Graph from post # 25.
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I posted this graph on another thread - Cox recently stated that Credit Default Swaps are now at $62 Trillion.
We may be toast.