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Pastimes : The Philosophical Porch

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To: Rarebird who wrote (5120)12/7/2009 7:26:10 AM
From: westpacific   of 26251
 
Dubai reading this weekend the figure goes into the trillions; they just are not telling...

And Western Banks are on the hook for a big portion of it!

What many are missing is by just focusing on US problems is in error; the exposure to the large Western Banks outside of the country is beyond scope; wait till the bubble burst next in Hong Kong!

West
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