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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: axial who wrote (12720)10/8/2008 10:54:46 PM
From: Real Man  Read Replies (1) | Respond to of 71452
 
Yes, quite possible. Those are not quadrillions, because
notional is not real value. However, the size of these
contracts is now 10 Trillion or more REAL VALUE in
extremely leveraged instruments, and the LIBOR rate is
at the core of many. What is or not enough to blow
up stuff is determined by the Fed, who will fight to save
the current system and who can print money.