Investors Forum |
A community of New Zealand investors |
11-23-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,598
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'Financial carnage' looms
American business leaders have privately warned there will be "absolute carnage" on world markets if nothing is done to deleverage the US$60 trillion ($113.4 trillion) credit derivatives market in an orderly fashion.Despite the...
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