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To: Box-By-The-Riviera™ who wrote (147823)8/12/2007 6:31:21 PM
From: sam_o  Read Replies (3) | Respond to of 209892
 
This is the BIG KAHUNA!!!

World Central Banks are admitting to a $300 billion liquidity injection, so it must be much higher. This type of injection over what has now been three days is so unprecedented that it is not because a few hedge funds have gone broke.

This is a full blown meltdown in OTC derivatives.

This is certain because of the worldwide liquidity injection by almost every major and some minor nations. That is also unprecedented.

This injection of liquidity will reverberate around the globe for years to come as inflationary and dollar damaging beyond your wildest imagination. This is so big that there has to be many financial institutions in big trouble.

Author: Jim Sinclair