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that it took a few years for the whole enchilada to unravel. 1933 was much worse than 1929, IIRC. 1929 was bad for the stock market, mostly. The real economy suffered later.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Fri Nov 2nd, 2007 at 01:38:34 PM EST
[ Parent ]
I guess you are shorting US banks like hell?

There should be an ETF for this...

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Fri Nov 2nd, 2007 at 02:17:36 PM EST
[ Parent ]
I have an idea...

We engineer a swap for those ETers with dollar assets (or revenue streams) who'd like to have Euros instead. We pool the dollar assets, and buy euro assets on margin.

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Fri Nov 2nd, 2007 at 04:02:53 PM EST
[ Parent ]

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