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

To: kormac who wrote (91899)12/23/2008 3:18:42 AM
From: mishedlo5 Recommendations  Read Replies (2) | Respond to of 116555
 
Consumer Demand For Nearly Everything Plunges
globaleconomicanalysis.blogspot.com
Retail stores and exporters alike are in deep trouble as consumer demand for nearly everything is plunging. Let's take a look at some proof starting with Japan Exports Plunge Record 27% as Recession Deepens....
Mish



To: kormac who wrote (91899)12/23/2008 4:54:55 AM
From: mishedlo1 Recommendation  Respond to of 116555
 
The upfront price on GM credit-default swaps rose 2 percentage points yesterday to 81 percent, according to CMA Datavision. That’s in addition to 5 percent a year, meaning it would cost $8.1 million initially and $500,000 a year to protect $10 million of GM bonds for five years.

bloomberg.com


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