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federal reserves

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federal reserves

Re: Taxmantoo post# 559872

Monday, 08/13/2007 10:53:11 AM

Monday, August 13, 2007 10:53:11 AM

Post# of 704019
Funny how we went from great big gobs of liquidity

to a system that requires massive highly advertised FED pumps to keep it from crashing.

Liquidity as we know it depends on a credit creation cycle. Once that systems goes in reverse (defaulting subprimes) we collaspe.
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