Aren't msot of the debts not debts owed by real people

but the debts owed as a result of their financial betting through CDOs on each other's creditworthiness? So the 1.4trn wouldn't even touch the surface of their mutual indebtedness

Anyway, I don't care. After 50 years we are heading back to the third tier. I really believed up to today

Posted By: Old Git on March 7th 2009 at 22:18:34


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