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Always remember: In derivatives for every dollar lost in one account a dollar is credited to another account. Here we are talking at the end of 2008 at least 15 to 20 trillion dollars was sucked out from one side (the private sector) into the other. Yes, government took a loss on their physical equities holdings but then the derivative market was expanded to 600 trillion dollars come 2008 and with derivatives with every ...more »
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