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Sherlock356

10/22/03 8:19 PM

#163883 RE: limtex #163882

yeah I read that it was estimated that the (massive) amount of aid that poured into Russia in late '98 during their financial meltdown roughly equaled the amount of money that flowed into Russian-owned Swiss bank accounts. They have an interesting way of getting rich.
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peace_2_all

10/22/03 8:28 PM

#163885 RE: limtex #163882

"Funny to think that in the loast three years as Americans lost more net worth than at any time before the Russians just increase their net worth relentlessly."

The wealth never left the US. It was just transferred from the masses into the pockets of the few super wealthy, but still in the US. It is happening as we speak. While all the idiotic masses were buying this crap ponzi scheme, the super wealthy were gladly dumping it to them, by that I mean the insider selling. The irony of it all, those same insiders who have been selling like crazy will now start more layoffs of their co's so that they will show profit for another false rally and another round of insider selling, while the poor are and will be without jobs. A vicious and cruel joke being played on the masses by the likes of greenspan who creates liquidity any time he wants his wealthy barron friends to sell and enrich themselves at the expense of the masses. By the way, any body who has been buying pos like amzn and cymi deserves what is coming their way, Freddy the slasher looking for margin calls. The margin money is on top of what has been borrowed using home equity to buy wall st junk. What a double whammy? No one to protect the stupid masses from repeating what happened just three or so years back, LOL.