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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (189350)3/8/2009 5:11:37 PM
From: lifeisgoodRead Replies (1) of 306849
 
The financial world going forward would be better off if derivatives ceased to exist.

Impossible IMO. We could have no insurance, checking accounts, credit cards or fiat currencies (i.e., cash), all of which are derivatives in some form (i.e., contingent promises to pay).

Best...

LIG
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