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To: westpacific who wrote (5002)11/26/2009 6:27:31 AM
From: westpacific  Respond to of 26251
 
Dubai was leveraged over 200 times its GDP.

This kind of leverage is all over the planet!

European banks are very exposed to Dubai; Greece and Eastern Europe which also is ready to implode.

Dollar carry trade about to unwind in explosive fashion; you ready?

West



To: westpacific who wrote (5002)11/26/2009 9:59:03 AM
From: Rarebird  Read Replies (1) | Respond to of 26251
 
Complacency abounds. The Bulls think Big Daddy will somehow take care of everything come Friday morning. Bears are considered Madmen. It's just amazing how the same mistakes are made over and over again in the financial markets. The power to forget and to think it's different this time destroys wealth.