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Re: More on the Edmonton Meeting - John
posted on
Sep 23, 2008 11:02AM
There's a very real possibility of the credit markets completely seizing up without a bailout... and if that happens, we're potentially looking at a massive financial collapse which would have profound effects on the global economy. Global depression for sure.
And, as always, the people who suffer most will be the middle class. Then again, they are screwed under either plan.
