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Out of context: Reply #41743
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"Worst Is Yet to Come:" Americans' Standard of Living Permanently Changed
• An $8 trillion negative wealth effect from declining home values.
• A $10 trillion negative wealth effect from weakened capital markets.
• A $14 trillion consumer debt load amid "exploding unemployment", leading to "exploding bankruptcies."http://finance.yahoo.com/tech-ti…
Greed is Good!