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Thread: LH: bookings down since Sep 2008 [the LH economic downturn thread]
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Old Oct 20, 2008 | 4:28 pm
  #84  
Rambuster
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Originally Posted by FD1971
..
Will be interesting to see how it evolves, the credit card bubble in the US is IMO much worse and will really show how much money is indeed only virtual.
...
What bugs me most is that even this short term credit card debt was collateralized and sold off in tranches too... lots of European banks have these on their books too.

Why the heck do we now have to pay for bankrupt US citzens too (again)?

OT rant over.
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