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Home Front Economy |
History's biggest margin call |
2008-11-02 |
Posted by:tipper |
#1 From the article: "Hopefully this period of liquidation and deleveraging will be over very soon." I am figuring it will take 5-10 years for the world economy to stabilize. The government's efforts to support housing prices are only prolonging and extending the process of housing liquidation and deleveraging, and every politician supports this process. |
Posted by: Anguper Hupomosing9418 2008-11-02 12:21 |