Summary:
- Investors worried that FED is printing too much money to do the bail outs, hence weaking the US currency
- Vicious downward spiral. Cause by drop in property prices hence bank lending, followed by consumption, business and equity assets looping back to property prices again.
- Market outlook for following months to be sideways with high chance of going down
- Possible write down of USD 7.5 trillion from various sources, like the CDOs which are causing the banks to go bankrupt.
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