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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (4319)2/15/2008 12:31:36 PM
From: Real Man  Read Replies (1) of 71456
 
Money (Trillions) doesn't really evaporate,
since it just gets transferred (or not transferred) to another
financial entity, but the credit markets get stalled, and spreads
skyrocket, causing more defaults, then they cascade through
the system as a derivative chain reaction. Yuck.
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