[lbo-talk] counting to 200
Carrol Cox
cbcox at ilstu.edu
Wed Nov 7 16:30:57 PST 2007
Can this debt go around in a circle multiplying itself. A buys one of
the (CDOs?), then borrows money on it from B who borrows money on it
from C and so forth. I mean, can 200 billion actually be rather more
than 200 billion in some pyramid fashion?
Carrol
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