Thats right 50ft. could you imagine how big the contraction on this mega leveraged market will be when it finally comes to realisation.
It's like one of those ponzi scams. Keep taking money from suckers, claim you're making 10% a month and pay bogus returns until you have to pay the depositor their money back in full, then,,, bang, there's nothing there to give. Thats how i see the debt market.
weird wally wednesday, page-137
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