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Reply #5: The bottom? [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
HCE SuiGeneris Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 01:10 AM
Response to Reply #2
5. The bottom?
Is at the foot of the stairs our economy has just found itself falling down. The credit markets have much more to expose in terms of undisclosed debt. Ask yourself why the rate drop by the Fed has not been transferred to the consumer. The answer, my friends, is the siphoning of America's governmental influx of money to bolster the market has gone to bandage a terminal "thousand cuts" wound that is at this point irreparable.

Make plans for a harsh winter... greed and mis-management will wreak a severe cost to us pack mules bearing the weight of such folly.
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