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Brought down by Bad Mortgage Investments, Lehman, which has 25,000 employees, will be liquidated. The federal government loans American International Group, AIG, $85,000,000,000. This is a different kind of market, and the Fed is asleep. The federal government is stepping it to stabilize Fannie Mae and Freddie Mac, the 2 mortgage giants that have been threatened by the housing crisis. The Bank of England has pumped £75,000,000,000 more into Britain's ailing economy with a new round of quantitative easing. They print a couple $1,000,000,000,000 and all of a sudden people start to worry. So out
Welcome to On the Brink. I'm Matt Walsh. And
I'm Nick Carter. And
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vibes? Vibes are pretty good. Yeah. It's always a good conference here. Singapore is a very nice place. I've had some I had a hiccup here with Singapore. I don't even know if I'm allowed to say this or not, but, turns out Zen is not allowed in Singapore. Didn't They don't
allow that. Wow.
I had a can of zen confiscated. Luckily Wow. So
they just took it away from you.
I didn't get thrown in Singapore in jail. I don't think that you wanna go to Singapore prison.
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