Re: Shrinking Deficit vs. Sub-prime / CDO writedowns

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Posted by warren mosler (72.161.109.198) on 17:03:06 11/20/07

In Reply to: Shrinking Deficit vs. Sub-prime / CDO writedowns posted by Ed Rombach

: Warren - Is it just a coincidence that the $250bn drop in the budget deficit roughly matches the lower end of the range for estimated writedowns of sub-prime / CDO assets in the pipeline?

I think so- interesting thought!

:
: Ed Rombach

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Re: Shrinking Deficit vs. Sub-prime / CDO writedowns - Ed Rombach 08:23:58 11/21/07 (1)
- Re: Shrinking Deficit vs. Sub-prime / CDO writedowns - warren mosler 09:27:50 11/21/07 (0)

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Subject:	Re: Shrinking Deficit vs. Sub-prime / CDO writedowns
Comments:	: : Warren - Is it just a coincidence that the $250bn drop in the budget deficit roughly matches the lower end of the range for estimated writedowns of sub-prime / CDO assets in the pipeline? : : I think so- interesting thought! : : : : : Ed Rombach :
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