... we're seeing in the credit markets that which began in the equity markets with Bear Stearns. Ben and Hank are going to produce the bond market dislocation that I have been ...will cause the debt to GDP level to come down. Clearing it back to the point where a 1:1 ... bankruptcies sounds bad, but is in fact good, as clearing the bad debt from the system is necessary to ...

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Published: 4 weeks, 1 day ago (Wed, 22 Oct 2008 07:18:25 PDT); 16 Kb
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