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Pittsburg, Kansas | Good charts. Pretty much tell the tale that nothing was fixed from the meltdown. Just papered over and the same players playing the same game for even bigger stakes.
That is the thing about the ending of a credit cycle. It becomes a speculative mania where the participants have the attitude of "get mine now while the getting is good" with little thought long term for the future.
John | |
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Santelli Rant
