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Default Bankruptcy inevitable...

Wayne.B wrote in
:

On Fri, 26 Dec 2008 02:33:39 +0000, Larry wrote:

Something is being manipulated by the usual suspects.


Not really. As long as demand holds up, prices will not drop. If
people stop buying prices will fall. It's the law of supply and
demand coupled with the desire of business to maximize profits.
Also, there is old inventory purchased at higher prices waiting to be
sold in some cases.


Er, ah, Wayne? Does your news reader work? People have ALREADY stopped
buying, which is what got us into this mess in the consumption-driven
economy.

That's what's queer. Consumption is way down but prices haven't dropped!

 
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