We've seen mum and dad margin loan positions smashed.
We've seen the smart money margin loan positions smashed.
We've seen financially engineered positions smashed.
Housing bubble correcting worldwide.
Employment bubble correcting.
etc.
Is this the value of everything in a un-leveraged world?
What everything is worth today with no future component?
Still synthetic CDO's to go?
Still USD to go?
Then we'll know a balance sheet value of the world?
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Change
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Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
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