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The New DU. Reply #19: The "Let it Collapse" People
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Mon Sep-22-08 04:05 PM
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| 19. The "Let it Collapse" People |
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have absolutely no idea what they are saying. It's very frustrating. We are NOT living in anything akin to the great depression, and there is an enormous gulf. No one is secure if the whole economy falls.
Foreign collapses like Argentina and Indonesia were short-lived, partly because there was lots of external money to buy discounted assets. That would not happen here.
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