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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (34136)5/22/2000 9:35:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 42523
 
the housing bubble will soon be in trouble, along with the stock market bubble. Austria's biggest bank had to write of $100 million in dud loans in the US. that's a lot for this bank. they also said they expect more write-offs to come. so what happens in a recession? the credit bubble's going to destroy the banks.


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