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Deleveraging Continues

As leveraged assets go down in value, the leverage multiples go up. Adding to that multiple is the falling dollar and the fact that these assets are in reality debt deposits, not cash deposits, that were passed on in different forms to be leveraged over and over.

-Minyan Jim

Economic Snapshot: Which Doomsday Scenario Are We Choosing To Believe?

Minyanville Staff Jul 24, 2008 8:00 am


	Our unscientific poll.

Let's face it: Times like these seperate the freaks from the freakish, the doomed from the dumb. Some folks are stockpiling the last of U.S.-made Anheuser-Busch (BUD) products and loading up on duct tape and firearms. Within varying degrees, everybody's unseasy. Minyanville's Economic Snapshots asks, Which doomsday scenario are we choosing to believe?

Tags: ANHEUSER, BUSCH, GOOG, GOOGLE, MON, MONSANTO, COF, CAPITAL, ONE, FORECLOSURE, NEW, YORK, KNICKS


14 COMMENTS ON THIS ARTICLE

Dean Simmons

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07-24-2008, 8:02 am
I actually heard Ben Stein and Glenn Beck discussing how Obama's plans for a stadium acceptance speech is reminiscent of Mussolini. I guess some conservative commentators are getting a little desperate. So, allocate a few percent to "The Read More

David Fitzsimmons

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07-24-2008, 11:30 am
T.S. Eliot offers this vision, in 'The Hollow Men' (props, Google): This is the way the world ends Not with a bang but a whimper. Read More

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