Making sense of the Stocks Bear Market- Round Table: The Market Oracle:: a commentary about finding a bottom in the bear market by William Thomson , Chairman of Private Capital Limited, Hong Kong and adviser to Axiom Alternative Funds, London August 1, 2008
"As we have seen with the putative bailouts of Fannie Mae and Freddie Mac; if nationalization goes ahead the US visible national debt increases by $5 trillion and is effectively double. The US would no longer qualify to join the Euro!..."
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