Tuesday, July 8, 2008

Debt Rattle, July 8 2008: Don't look down

Dorothea Lange Dust Bowl Kids November 1936"Children of Oklahoma drought refugee in migratory camp in California." Ilargi: Set against the backdrop of US home prices falling so fast that analysts are starting to sound scared and freaked out, plunging global markets, and a $1 trillion loss in share values for US financials -this year alone- (and $2.1 trillion in share holdings, plus $3.1 trillion

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