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

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To: Gemlaoshi who wrote (85569)	1/4/2012 10:53:49 PM
From: Maurice Winn	1 Recommendation Read Replies (1) of 218009

Deleveraging is now conventional wisdom, but I don't see why it's so essential. <deleveraging is necessary and must take place. > Which is not to say that continuing to increase debts is a good thing or even achievable. In fact, I'm thinking of borrowing loads of money, if somebody will lend it to me at the right price. If everyone is wanting to deleverage, there should be loads of the stuff lying around for me to borrow at low interest rates. So far, it seems that plenty of other people are borrowing and the bids for the available money are still exceeding what I'm willing to pay. Mqurice

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