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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: kris b who wrote (48610)1/2/2006 8:00:08 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
There is a big difference between letting the NAZ plunge by 80% and a possible housing collapse.

Unlike the NAZ bubble the housing bubble is built on a MOUNTAIN OF DEBT. The NAZ collapse never threatened the financial system. A housing smash undoubtedly would.