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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (22990)2/6/2005 12:39:26 PM
From: John Vosilla  Respond to of 116555
 
Could not have said it better myself though there will be hell to pay down the road in that scenario as asset value multiples must contract and much of this record debt gets cleansed from the weak hands. Margin call coming in a big way in the bubble housing markets is a given IMHO.