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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (4637)6/10/2001 12:20:02 PM
From: westpacific  Read Replies (1) of 74559
 
CB - they also did not have $100Trillion floating around in derivative instruments in 1929.

I cannot and will not let the 1997 LTCC scenario out of my brain. And at that time we only had $50Trillion floating around.

1929 could look tame in comparison. This time it will not be a collape of the US Financial System but the Global Financial system.

Lets us all pray.

West
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