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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Hawk who wrote (81960)10/14/2008 12:58:36 AM
From: ProDeath  Respond to of 94695
 
The now worldwide shakedown of taxpayers will run into trillions that will seem to evaporate into thin air. It won't be enough, the only end will be when the inexorable contraction stabilizes.

Let's hope that all this government subsidy softens the blow enough to be worth it.



To: Hawk who wrote (81960)10/14/2008 12:15:49 PM
From: Qualified Opinion  Respond to of 94695
 
Banks can leverage $700 billion into $7 trillion or more.



To: Hawk who wrote (81960)10/15/2008 1:00:27 AM
From: XBrit  Respond to of 94695
 
<<What is the deficit going to be next year ?>>

2-3 trillion for the US. Comparable for the EC.

I'm scheduled to die in about 30 years, I wonder if the can can be kicked down the road that long.