Bozur
Amicus
Posts: 5,515
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Post by Bozur on Sept 29, 2008 10:21:07 GMT -5
Bloomberg Analyst - $700B Bailout Could Go To $5 Trillion watch! VIDEO — breitbart.tv — (Business & Finance) ........--------
Bloomberg Analyst: $700 Billion Bailout Could Balloon to $5 Trillion
“So now they try to solve the problem by having this credit bubble actually extended and I think the $700 billion will be like a drop in the bucket because the total credit market in the U.S. is something close to $60 trillion, then you have the CDS market – credit default swap – of around $62 trillion. Then you have the whole derivatives worldwide worth about a notional $1,300 trillion. So the $700 billion is really nothing and the Treasury is just giving out this figure when actually the end figure may be $5 trillion.”
www.breitbart.tv/?p=182363
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rex362
Senior Moderator
Pellazg
PELASGIANILLYROALBANIAN
Posts: 19,058
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Post by rex362 on Sept 29, 2008 13:15:40 GMT -5
oh sh!t ....nyse down 600 at moment
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Post by chalkedon on Sept 29, 2008 13:55:38 GMT -5
the american empire is over...complete meltdown
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rex362
Senior Moderator
Pellazg
PELASGIANILLYROALBANIAN
Posts: 19,058
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Post by rex362 on Sept 29, 2008 17:20:25 GMT -5
oh sheeet....pack my bags and head back to the homeland Macedon
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Bozur
Amicus
Posts: 5,515
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Post by Bozur on Oct 5, 2008 22:55:12 GMT -5
Why Wont The Bail Out Work? MUST SEE!
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Bozur
Amicus
Posts: 5,515
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Post by Bozur on Oct 10, 2008 9:47:50 GMT -5
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