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Friday, October 19, 2012
Bill Gross Warns "Very Likely' Central Banks Will Cause 1987-Like Crash | ZeroHedge
Bill Gross Warns "Very Likely' Central Banks Will Cause 1987-Like Crash | ZeroHedge
Gross: The crash on Oct 19 1987 showed that portfolio insurance puts were dangerous. R central bank “puts” in the same category?Very likely
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