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I'm sure alot have noticed and as EJ mentions several bubbles popping one after the other, stock, housing, dollar, etc... But i find it shocking that the magnitude of the losses are also getting bigger and bigger...
First it was Enron (i recall hearing that at the time posting largest losses ever), then i believe in 08 one of the banks posting larger losses than that, then AIG posting the largest losses in any corporate history.... In essence just looking at the losses they just keep getting bigger....
If we keep going down this track and keeping with this growth scale, what does this bode for the US as a govt and the dollar? If the previous losses are any indication this dollar bubble is gonna hurt like nothing else....
First it was Enron (i recall hearing that at the time posting largest losses ever), then i believe in 08 one of the banks posting larger losses than that, then AIG posting the largest losses in any corporate history.... In essence just looking at the losses they just keep getting bigger....
If we keep going down this track and keeping with this growth scale, what does this bode for the US as a govt and the dollar? If the previous losses are any indication this dollar bubble is gonna hurt like nothing else....