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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: pstuartb who wrote (283006)10/13/2010 10:54:19 AM
From: Skeeter BugRespond to of 306849
 
unless everyone offloaded all their risk to AIG, which we were told would bring the whole system to a grinding halt, would usher in marshal law and put tanks on our streets. ;-)

btw, i agree the total risk isn't 1600 trillion, but it could easily be $32 trillion (2%), more than enough to blow the system wide open - especially given that almost all the bets are tax payer bets if they turn out to be losers.

the risk isn't $1600 trillion, but it sure isn't $0, either.


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