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I think sub-prime will be looked back as the spark that lit the fuse, sort of like the assassination of Arch Duke Ferdinand is seen as the thing that started WW1. Thing is there still would have been a WW1 without that assassination - it just would have started in some other way, and maybe a little later.
The real thing that is powering this cluster**** is the popping of the biggest speculative bubble in the history of the world.
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