us bailout ... would you want to foot the bill, page-5

  1. jeff65
    438 Posts.
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    30/09/08
    12:23
    Post #: 4327331
    If you were long the US market last night, you were a gambler.

    This notion that the stock market is losing more than the cost of the bail out is crap. The stock market was and is over valued on a PE basis. The $1T lost last night wasn't really there.
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    lightbulb Created with Sketch.  Great analysis
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