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Maybe people are finally realising that the cash cow, the American consumer, cannot prop up the US economy without MEW. Of course there will be a few thinking that it is an opportunity to buy (when really it is an opportunity to sell). It may take until September when everyone comes back from their holidays to shake out the last of the deluded US bulls.

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Indeed, the yen advanced elsewhere, rising 0.4 per cent to Y99.05 against the Australian dollar and 0.2 per cent to Y160.60 against the euro.

:lol: look like erm sell sell sell.

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Seems (FTSE) to be falling like stone at the moment. (The moment I hit 'submit' - they'll probably shoot up) :blink:

Can someone help me out, as I'm not that knowledgable about the markets...

If the markets keep dropping (say 3-4%) - will the banks keep pumping in money?

Edited by stew

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I wish they would use a different word than "woes" all the fecking time. Woe this woe that... A woe is what you have when you've lost a tenner not billions! Grrr.
CNBC reported that Sentinel Management Group has asked permission from the CFTC to halt money market redemptions

Send in the Bailiffs.

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I wish they would use a different word than "woes" all the fecking time. Woe this woe that... A woe is what you have when you've lost a tenner not billions! Grrr.

Isn't WOE! what cowboys say to get a horse to stop?

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Buy bonds for Jesus!

Please. If the bond markets only holds for another 1-2 months, I should be able to cancel my endowment. After that, I won't care so much anymore. Obviously, bonds are in for a crash soon, too.

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