dimelab dimelab: shrinking the gap between talk and action.

10 trillion pyramid Topic in The Credit Debacle Catalog

Fri 2008-10-10 00:00 EDT

naked capitalism: A Glimpse Into the Abyss

Ambrose Evans-Pritchard; ``a wild scramble for dollars as a $10 trillion pyramid of global lending based on dollar balance sheets delevers with a vengeance'' ``China is going into recession as well. This is going to catch investors off-guard'';

abyss; glimpse; naked capitalism.