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


To: $Mogul who wrote (71759)11/28/2007 1:38:58 PM
From: Real Man  Read Replies (2) | Respond to of 116555
 
There is no "near term" - the Fed has been and will be bailing
them out, forever, and the outstanding derivatives notional
will keep growing to infinity. I predict over 600 Trillion
notional value of OTC derivatives by this Spring if this
bailout works, 700 Trillion by Summer 2008, and 1.5 Quadrillion
or 2 Quadrillion by 2010. -g-