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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (151564)	9/28/2008 2:39:18 PM
From: Asymmetric	Read Replies (2) \| Respond to of 306849

Not just has the crisis been contained, but we're all saved! ....or at least until after November. or more likely Jan 20. Have to believe not just the Germans, but just about everybody else - from Europe, to the Middle East, to Asia. to Russia, is looking for how they can distance themselves from the American economy and isolate themselves from the American Financial System. Stabilization will be the short term tactic. Cutting themselves loose from the American dollar, and the United States economy, will be the long term strategic goal going forward. The dollar's role as the world's reserve currency - probably gone with this agreement. Kinda like shareholders of Fannie Mae about a month prior to their being taken over. Their shares were actually worthless at the time. Many of the shareholders just didn't know it until they got hit in the face with it....the government takeover that is, that wiped them. out. - A.