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

To: Bert who wrote (86811)9/26/2008 3:04:24 PM
From: zamboz  Respond to of 116555
 
"another package of between $40 billion and $90 billion directed towards the housing market."
Will bulldozers cost that much? Those greedy bastards built way too many homes.



To: Bert who wrote (86811)9/26/2008 8:32:35 PM
From: koan1 Recommendation  Read Replies (2) | Respond to of 116555
 
Yeah, I keep thinking that.

I keep thinking there are a lot more debt bombs out there. All sorts of companies were leveraging at 30 to 1 and we are in a serious contracting recession with no cash.

So how do people meet their margin calls so to speak and where and who are they?

This unfolding story is at its beggining, not end, I think.

Ben may need to bring out the helicopter-lol.


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