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08-16-2007, 04:14 AM
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#3 |
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The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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The billions that seem to be evaporating never really never existed, except on paper. Unsound investments in mortgages, based on the real estate bubble everyone knew would burst sooner or later, by fund managers playing with other peoples money, then walk away with a "sorry, not my fault" and a personal fortune.
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
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