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Hi Token Funder, I read that article by Robert G the other day on Business Spectator and thought it a very good one. A lot of the stuff published on that site is very informative. Would welcome your perspective on the European situation and how it might play out. As I posted elsewhere, I...

My thoughts exactly.... Its a bit of a waterfall type effect: 1. Too much personal debt secured by resi property. This gets bundled into RMBS and sold to banks at inflated prices in the derivatives market. 2. Too much bank debt in the derivatives market. The party stops and the Ponzi...