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<p>[QUOTE=&quot;medoraman, post: 963604, member: 26302&quot;]1998 Asian crisis comes to mind. The countries overspent, had massive defaults, currency devalued significantly, and were only &quot;rescued&quot; by Western financiers buying everything up for pennies on the dollar when they got too cheap. To the people in those countries, their own products deflated, but anything that could be sold overseas inflated greatly. Warren Buffett made tens of billions I heard, and many banks made more. I wonder who would make trillions on us? The Chinese?</p><p><br /></p><p>That is one scenario.[/QUOTE]</p><p><br /></p>

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