Pent up demand

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  • Just Another Credit Crunch?
    One has to love the newspeak: "central banks have injected billions"; in the old days we would say that they're running the printing presses full bore. Oh, right, the bankers have to present "collateral" for these injections. But we've redefined collateral to mean anything up to and including shiny rocks found on a recent trip to the shore.
    Feb 27 09:59 am |Rating: 0 0 |Link to Comment |View article

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