what about the 60 trillion cdo problem, page-7

  1. dub
    33,892 Posts.
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    Good post Orlano.

    The massive debts are not going to disappear, and the euphoria of seeing countries acting in concert to try to free up credit won't change much.

    The whole system has to be rejigged, and it will happen irrespective of what 'the powers' do.

    The longer it's deferred, the harsher it will be.

    The problem is not going to simply disappear.

    It's very very criminal.

    imo

    dub

 
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