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Old 08-07-2011, 08:17 PM  
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Asian stocks take beating due to US credit downgrade

http://news.yahoo.com/asian-stock-ma...015340291.html

It looks like it's going to be a rough ride getting out of this slide.
Europe's having issues with SPain and Italy
We already know about the US' issues
Asia's got skyrocketing inflation in India and a massive housing bubble in China

I suspect it will take something that looks "relatively minor" to finally burst the dam on this one...
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