Monday, September 8, 2008

Debt Rattle, September 8 2008: Elite Laundry

National Photo Co. Elite Laundry 1924The Elite Laundry in Washington Ilargi: Of course the international stock markets are up today, and Wall Street will initially go through the roof. The by far largest rescue operation of an entire nation�s economy guarantees that sort of reaction.The question is: how long will it last? After the $30 billion Bear Stearns bail-out, the answer was: a few days.

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