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Video News: Commodity Markets Pushed Down By External Factors.
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Heres something i can sink my teeth into.
Nice to see others trying to unravel global economic
realities late on a sunday night,even if it was taped
two days ago,Moe was up to put it out,good job.
Interest rates to remain low?
-i agree,but who and why are purchasing those
bonds and to what end.
Greece?
-the euro was like an experiment.Their has to be
re-captilization to weak points.A right down is a
right down,over leveraged entities that start to
default need to be dealt with so as to not cause a
cascade event in the derivatives market.Dont say a
damn word Tom,you've never come close to
understanding this stuff.
If you bought a house in timbukto for 450,000 and
if that house is now worth 200,000 and you owe
400,000 your balance sheet is flawed.imagine a
bank lending out thousands of mortgages and with
a float of ten percent.
Step in the government to backstop that!
Now think about it-the debt-in our society-take a
drive-we are all backstopping eachothers
mortgages,lol...i should stop here bla,bla,bla
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I agree cotton, thats a big fear. It actualy makes little diff if crops get flooded or droughted out long term - it's the global finacial mess that will determine our future. IMO
I understand far less than you as well but I know enough that there is something much bigger at play and it could get ugly.
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