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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (67536)10/25/2010 10:43:08 AM
From: KyrosL  Read Replies (1) | Respond to of 219978
 
<<I'm favoring the monoline mortgage insurance sector>>

What is the status of monolines, like ABK, right now? Aren't they effectively bankrupt?



To: Hawkmoon who wrote (67536)11/1/2010 8:09:00 AM
From: TobagoJack  Read Replies (2) | Respond to of 219978
 
this can cause inflation before triggering deflation, or the other way around zerohedge.com

Stunningly, Mervyn King imagines the "abolition of fractional reserve banking":

"Eliminating fractional reserve banking explicitly recognises that the pretence that risk-free deposits can be supported by risky assets is alchemy. If there is a need for genuinely safe deposits the only way they can be provided, while ensuring costs and benefits are fully aligned, is to insist such deposits do not co-exist with risky assets."