house prices might tell us where we are headed, page-34

  1. 548 Posts.
    Andrewonhc

    Bravo, well written!

    My only comment is that forewarned is forearmed.

    The deleveraging of $1 quadrillion in over the counter derivatives through credit default swaps is reality. So far, less than $50 trillion has been thrown at it worldwide. Draw your own conclusions about where this is headed.

 
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