On Wed, Oct 1, 2008 at 9:43 AM, Doug Henwood <[EMAIL PROTECTED]> wrote:
> By financial collapse I mean an impairment of the credit system sufficient
> to lead to a serious contraction of credit - 20% or more, to pick a number
> out of the air. If several to most major banks had to be "taken over" by the
> Fed, that would certainly happen, and the ensuing panic would make the last
> few weeks look like Romper Room.


Have the last few weeks been especially bad for anyone outside Wall St?
-raghu.

-- 
Dyslexics of the world, UNTIE!
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