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Re: Be afraid...be very afraid... 

By: DueDillinger in CONSTITUTION | Recommend this post (3)
Mon, 02 Jul 12 9:37 AM | 86 view(s)
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Msg. 18797 of 21975
(This msg. is a reply to 18795 by lkorrow)

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Not 'all of a sudden'. Derivatives underly all the financial crises. There are any number of possible triggers.

Furthermore, the RE crisis etc. have not been 'overcome'. How gullible are you anyway? Can you say 'massive fraud'?

http://www.globalresearch.ca/index.php?context=va&aid=30944

http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html

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http://politicalvelcraft.org/2012/04/05/15-potentially-massive-threats-to-the-u-s-economy-in-2012/

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The above is a reply to the following message:
Re: Be afraid...be very afraid...
By: lkorrow
in CONSTITUTION
Mon, 02 Jul 12 8:08 AM
Msg. 18795 of 21975

Due, why are derivatives such a problem all of a sudden. I know they're huge, there is exposure to them, and JPM just lost some $9B. But I recall pmcw saying derivatives purpose is to spread the risk.

So, we had the RE market failure and have overcome it. So what market is going to fail to create a banking collapse due to derivative exposure?


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