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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: TobagoJack who wrote (32232)	4/3/2008 3:47:31 PM
From: elmatador	Read Replies (1) of 217795

70 bllion? peanuts! Brace for $1 Trillion Writedown of `Yertle the Turtle' Debt. $1 trillion is the amount of defaults and writedowns Americans will likely witness before they emerge at the far side of the bursting credit bubble, estimates Charles R. Morris in his shrewd primer, ``The Trillion Dollar Meltdown.'' That calculation assumes an orderly unwinding, which he doesn't expect. Message 24457243 My advice is pack and move to Curitiba, Brazil

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