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

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To: mishedlo who wrote (89015)	10/24/2008 4:43:26 AM
From: roguedolphin	1 Recommendation Read Replies (1) of 116555

Roubini Sees Crisis Worsening, Hurting Emerging Markets bloomberg.com Pretty amazing hour or so lecture just given by Roubini. Judging by the latest market collapse tonight.....lot's must have listened to this. What is really startling is the way the lecture ends!!(The last 5 minutes are a hoot!) Even I did a "double take" as Roubini said a real possible danger going ahead could be coming trade wars, currency wars and controls, and protectionist fascist totalitarian dictatorships that will engage in World War as the financial answer . The last spoken sentence of the interview is from some British bloke who introduced Roubini.... ..."so obviously the answer is World War for excess world capacity". ***Rogue comment....World War is obviously not a "rational answer" to all this.... ...but it most definitely appears to be the "irrational INSANE plan" by those writing the script of history. Have those in power done ANYTHING rational yet in this crisis??

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