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The worlwide banking system is totally frozen. This may last 4-5 months.
Oct 07 16:58 pm
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All Comments by jack chambers »Roubini Was Right [View article]
This will cause a worldwide recession. Emerging market economies will be savaged be this depression. China and India will be especially hurt with no country to export their products to. These two countries will see their economies pushed back 20 years.