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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (40441)9/26/2008 9:01:59 PM
From: ScatterShot  Respond to of 220000
 
Without your tip-off I'm sure I would have taken the whole thing at its face value. Instead I dragged out the calc and banged in all the zeroes while counting, twice, so yep, you're right!!

Just goes to show you.
Something.



To: carranza2 who wrote (40441)9/26/2008 9:06:59 PM
From: 49thMIMOMander  Respond to of 220000
 
The Cascading Financial Crisis



aei.org



bless/be/be/be/blessed, as us say..



To: carranza2 who wrote (40441)9/27/2008 5:12:36 AM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 220000
 
Markets face major crash if US bail-out plan collapses

(I personally do not believe in this prediction)

London shares could lose a fifth of their value and the money market faces collapse unless US politicians succeed with their financial bail-out plan, it has been warned.


The Bank ordered drastic measures to prevent the City’s money markets collapsing, organising a £40bn auction of medium-term funds for Monday. Experts warned that unless the unusually large offering reignites the interbank markets that underpin the entire financial system, the Government may be forced into a US-style bail-out of its own.

One senior money market trader said: “If the US bail-out fails this weekend, I don’t know if there’s any point coming in on Monday.”

telegraph.co.uk