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

To: mishedlo who wrote (97271)	5/6/2009 7:26:04 PM
From: benwood	Read Replies (1) \| Respond to of 116555

Ah... to have a time machine and go back and bet about $1,000 on such an outcome as a 100-1 reverse split of GM stock. 10000-1 odds would be nice, but one would have to go way, way, way back, say to July of 2008 to make such a bet. But why not go for broke: 1,000,000,000,000 to 1 odds in early 2000. You could pay off all world debt with the winnings (assuming it's insured by AIG and the US taxpayers get stuck with the bill). I guess you couldn't pay off the US debt, but that's a small price to pay for such a happy outcome.