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Strategies & Market Trends : ahhaha's ahs

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To: frankw1900 who wrote (10245)11/14/2007 10:23:58 AM
From: The WharfRead Replies (2) of 24758
 
Thank you. I firmly believe the US problem is a world problem selling of way to much risk. This is a broad trend where the sale of risk became non asset backed where purpose was only cash/currency flow and an increase in sellers earnings.

This is an entirely different concept than prior times where the cost was based on extent of the risk and price of loans was high because of the possibility of negative return. Accounting rules changed to a different standard where invisible inventory was countable and depreciation was also invisible. This currency surplus has caused inflation.

Currency which is visible is now being depreciated. To me the problem is one the entire world has as currency flees from one area to another seeking safety.

It has been and is my belief C$ is also at risk.
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