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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Elroy Jetson who wrote (75114)2/23/2008 3:55:23 AM
From: mishedlo  Read Replies (1) of 116555
 
absolute I realize what is happening.

I do not know if it is $70 billion, $150 billion, or $350 billion (I think the middle), but even at $70 billion banks cannot take the hit.

However, delaying the inevitable makes them zombies, just like Japan.

Mish
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