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RE: Is that the next financial collapse? LIBOR not only faked, but vaporized!
Interesting idea. But how to destroy a non-existent market? Interest rates will play a role, but rather not the libor.
Reason for next financial collapse?
Credit bubble or bond market. That´s my tip.
Credit bubble again is boring, and bonds? Nah...
Did not know that it must be exciting. Exciting enough for me.
Aren't you excited at a big price drop? More stocks for less money! ;)