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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: Giordano Bruno	12/3/2007 8:12:13 AM
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Pleas for rate cut as interbank loans dive "This is one hell of a shock to the financial system," said Professor Tim Congdon, a leading monetarist at the London School of Economics. "A market that has taken 30 years to build has completely imploded in a matter of months. Lenders have been squeezed savagely. We've moved into a different era," he said. telegraph.co.uk

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